SB2825: Retailer Tax Fairness Act; enact.
Legislative Summary
An Act To Enact The "retailer Tax Fairness Act"; To Define Certain Terms Relating To Electronic Payment Transactions; To Provide That A Merchant Or Seller Collecting State Taxes Or Local Taxes From A Purchaser In Any Electronic Payment Transaction For Which The Merchant Or Seller Pays Or Is Charged An Interchange Fee, And Has Not Passed On That Cost To The Purchaser As A Transaction Fee, Will Be Entitled To A Credit Against Such Taxes; To Provide For The Amount Of The Credit; And For Related Purposes.
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