Not a Lexis+ subscriber? Try it out for free.
LexisNexis® CLE On-Demand features premium content from partners like American Law Institute Continuing Legal Education and Pozner & Dodd. Choose from a broad listing of topics suited for law firms, corporate legal departments, and government entities. Individual courses and subscriptions available.
On June 19, the Mississippi House and Senate adopted the conference report on HB 379, bringing the state one step closer to adopting marketplace facilitator legislation. The bill would mandate marketplace facilitators to collect and remit tax on behalf of marketplace sellers if the facilitator makes more than $250,000 in sales into the state in any consecutive 12-month period. The bill excludes from marketplace facilitator collection certain sales by third-party food delivery services. It also allows certain marketplace sellers with over $1B in United States gross sales to contractually agree with marketplace facilitators to retain collection responsibilities. The bill will now go to the governor. If enacted, the legislation would take effect July 1, 2020.