Common Contracts
1 similar Streamlined Sales and Use Tax Agreement contracts
HB 724 -- STREAMLINED SALES AND USE TAX AGREEMENTStreamlined Sales and Use Tax Agreement • February 4th, 2019
This bill requires the Director of the Department of Revenue (DOR) to enter into the "Streamlined Sales and Use Tax Agreement" with one or more states to simplify and modernize sales and use tax administration in order to substantially reduce the burden of tax compliance for all sellers and types of commerce. The bill requires all revenue generated under the Streamlined Sales and Use Tax Agreement that is not constitutionally earmarked beginning January 1 following adoption to be deposited into the "Early Childhood Education Supplemental Fund."
