With the House Judiciary Committee poised to hold a hearing on the Marketplace Equity Act, sponsored by Representatives Steve Womack (R-AR) and Jackie Speier (D-CA) in the next two weeks, Retail Industry Leaders Association is weighing in on companion legislation, an updated version of the Marketplace Fairness Act submitted by Sens. Mike Enzi (R-WY), Dick Durbin (D-IL), and Lamar Alexander (R-TN).
“States have sent a bi-partisan message to Washington that it’s time to end special treatment for online-only retailers and close the sales tax loophole. Nothing is more important to the retail community than a level playing field devoid of government picking winners and losers with the tax code,” said Katherine Lugar, executive v-p for public affairs at RILA. “A true free market gives every retailer the chance to compete on price, without the government’s thumb on the scale. This legislation offers the right balance of protection for small online startups, while giving all retailers the opportunity to compete on a level playing field.”
RILA members operate more than 100,000 stores, manufacturing facilities, and distributions centers and account for more than $1.5 trillion in annual sales.