Under current law, the Simplified Sellers Use Tax Remittance Program allows an eligible seller and marketplace facilitator to voluntarily participate in the program and collect and remit simplified sellers use tax at a rate of eight percent. The proceeds of this tax are distributed 50% to the state and 50% to the local governments of the state. This bill would levy an additional simplified sellers use tax and provide for the distribution of the proceeds to each municipality and county in the state.

Statutes affected:
Introduced: 40-23-193, 40-23-197, 40-23-193, 40-23-197