(KLZA)-- Nebraska 1st District State Senator Dan Watermeier of Syracuse has prioritized LB-44, to help Nebraska collect sales taxes from on-line shopping.
If passed, on-line sellers without a physical presence in the state would be required to collect and remit state sales tax if their gross revenue in the state exceeds $100,000 or they have more than 200 sales in the state. If they refuse to collect, the company must then inform the customer they will have to file forms and pay the state sales tax.
The Senator from Syracuse thinks if passed, this would be a big help to the state budget. While estimates are revenue could be increased $30-40-million annually, Watermeier feels the total could be closer to $100-million annually for the state coffers.
By prioritizing the bill, it guarantees it will be debated during the current legislative session.
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