| This bill proposes to adopt the model sales and use tax |
| proposal adopted on November 12, 2002 by the national |
| Streamlined Sales Tax Project, a consortium of representatives |
| of 34 states. The Streamlined Sales Tax Project is a |
| multistate effort to simplify state sales tax laws so that |
| they are more comprehensible to consumers and easier to |
| administer by retailers, including mail order and Internet |
| retailers. Under the model act, states retain the right to |
| determine whether to tax any item and to set the rate of tax, |
| as well as the right to authorize local option sales taxes. |
| The model act would make consistent among participating states |
| the definitions of items, and each taxing jurisdiction would |
| have only one tax rate rather than multiple rates for |
| different taxable items. |
