‘Resolve, To Direct the Department of Administrative and Financial Services, Bureau of Revenue Services To Report on Conformity with the Streamlined Sales and Use Tax Agreement’
| HP0228 LD 319 |
Session - 126th Maine Legislature "", Filing Number , Sponsored by
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LR 1365 Item 2 |
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| Bill Tracking, Additional Documents | Chamber Status | ||
Amend the bill by striking out the title and substituting the following:
‘Resolve, To Direct the Department of Administrative and Financial Services, Bureau of Revenue Services To Report on Conformity with the Streamlined Sales and Use Tax Agreement’
Amend the bill by striking out everything after the title and before the summary and inserting the following:
‘Sec. 1. Report and legislation regarding the Streamlined Sales and Use Tax Agreement. Resolved: That the Department of Administrative and Financial Services, Bureau of Revenue Services shall prepare a report concerning the Streamlined Sales and Use Tax Agreement, referred to in this section as "the agreement," which is an effort of state governments, with input from local governments and the private sector, to simplify and modernize sales and use tax collection and administration. The report must:
1. Identify any changes to the Maine Revised Statutes that are needed to conform the State's laws to the agreement and the options available to provide conformity;
2. Identify the impact of each option identified pursuant to subsection 1; and
3. Identify and explain any fiscal and policy issues associated with conformity with the agreement.
The bureau shall submit its report, along with different proposals for legislation to conform the State's sales and use tax laws with the agreement, to the Joint Standing Committee on Taxation no later than January 15, 2014. The Joint Standing Committee on Taxation may submit a bill relating to the subject matter of the report to the Second Regular Session of the 126th Legislature.’
summary
This amendment changes the bill to a resolve and changes the title. It removes the emergency preamble and emergency clause. It retains that part of the bill that directs the Department of Administrative and Financial Services, Bureau of Revenue Services to identify changes in the sales and use tax laws necessary to conform them to the national effort known as the Streamlined Sales and Use Tax Agreement and to submit its report and proposed legislation to the Joint Standing Committee on Taxation by January 15, 2014.