National Retail Federation Key Votes Senate Action on the Marketplace Fairness Act
WASHINGTON, April 19, 2013 – The National Retail Federation today distributed a letter to members of the U.S. Senate informing them of NRF’s decision to key vote the series of anticipated votes on S. 743, the Marketplace Fairness Act.
Specifically, NRF will key vote the vote to invoke cloture on the motion, which is expected Monday evening and reserves the right to key vote amendments to the Marketplace Fairness Act as well as final passage.
“The Marketplace Fairness Act is a commonsense piece of legislation necessary to modernize our federal and state understanding of sales tax laws so that they can keep current with real-world change in the marketplace,” said NRF Senior Vice President David French in the letter.
“This legislation will level the playing field for retailers, while protecting small businesses from complicated laws in other states with a healthy small business exemption,” French said. “As the retail industry evolves and digital commerce becomes a more prominent portion of total retail sales, it is critical that the tax laws not discriminate between similar businesses based on how their products are distributed.”
As the world’s largest retail trade association and the voice of retail worldwide, NRF represents retailers of all types and sizes, including chain restaurants and industry partners, from the United States and more than 45 countries abroad. Retailers operate more than 3.6 million U.S. establishments that support one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities at home and abroad, and the critical role that retail plays in driving innovation. www.nrf.com