A day after legislative leaders unleashed the plan, the House began moving forward Thursday with a proposal that would cover a pandemic-caused shortfall in the unemployment system by requiring out-of-state online retailers to collect sales taxes from Floridians.
A day after legislative leaders unleashed the plan, the House began moving forward Thursday with a proposal that would cover a pandemic-caused shortfall in the unemployment system by requiring out-of-state online retailers to collect sales taxes from Floridians.
Florida Legislature: House, Senate leaders say online tax plan to bolster unemployment system Jim Saunders
TALLAHASSEE Senate President Wilton Simpson and House Speaker Chris Sprowls announced a plan Wednesday to require out-of-state online retailers to collect sales taxes on purchases made by Floridians, with the additional money used to shore up the state’s unemployment-compensation system.
A joint announcement said the move could bring in about $1 billion a year for the state, with the money put into a trust fund used to pay unemployment benefits. That trust fund, which is funded through taxes on businesses, became depleted during the past year because of huge job losses during the COVID-19 pandemic.
Senate President Wilton Simpson and House Speaker Chris Sprowls announced a plan Wednesday to require out-of-state online retailers to collect sales taxes on purchases made by Floridians, with the additional money used to shore up the state’s unemployment-compensation system.