Lawmakers to renew push for online sales tax

A bipartisan group of senators will renew their push for online sales tax legislation. Sens. Dick Durbin (D-IL) plans to re-introduce the Marketplace Fairness Act, along with Sens. Mike Enzi (R-WY) and Lamar Alexander (R-TN), according to Christina Mulka, a spokeswoman for Sen Durbin.

Reps. Steve Womack (R-AR), Jackie Speier (D-CA), John Conyers (D-MI) and Peter Welch (D-VT) will introduce identical companion legislation in the House, Mulka said. She explained that the new bill will combine various proposals from last Congress and includes revisions aimed at winning over skeptics. The legislation would empower states to tax their residents' online purchases. The bill from last Congress would have exempted small businesses that earned less than $500,000 annually from out-of-state sales.