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Bill would raise vendor compensation for sales-tax remittance to help small businesses
Summary
A sponsor said HB 439 would raise the vendor compensation carve-out for collecting sales and excise taxes from 3% of the first $3,000 remitted to 3% of the first $10,000 (then 0.5% over $10,000), citing recommendations of a 2024 study committee and the goal of easing costs for small retailers.
House Bill 439 would change the vendor compensation formula for merchants who collect and remit state sales and excise taxes, increasing the portion eligible for the 3% compensation rate.
The sponsor described the current vendor compensation as 3% of the first $3,000 remitted and proposed raising that base to the first $10,000 with the 3%…
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