Senator Tom Harkin (D-IA) today issued the following statement after the U.S. Senate approved the Marketplace Fairness Act by a vote of 69 to 27. The legislation would strengthen Main Street Iowa businesses by authorizing states to require remote sellers such as online shopping sites to collect and return sales tax related to purchases made by residents of that state. Harkin is a cosponsor of the measure and has supported every similar measure to come before the Senate over the past 20 years.
"This legislation levels the playing field for Iowa's Main Street businesses, which are at a disadvantage as residents look at merchandise in local stores and then order the product online. It also means a more level playing field for our state and local governments, which are experiencing a loss of revenue that has to be made up with fewer services or higher property or other taxes. Now that the U.S. Senate has sent a clear message, I hope to see the bill become law this year."
The legislation now goes on to the U.S. House for consideration.