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April 10, 2019Jefferson City, MO |  By: AP

MO lawmakers proposing bill to collect taxes from out-of-state online retailers

A bill advancing in the Missouri House would require
out-of-state retailers to collect taxes on online sales to Missourians.

Lawmakers voted 78-72 on Tuesday to give the measure initial approval.

The bill follows a U.S. Supreme Court ruling last year that gave states the
ability to collect sales taxes from out-of-state retailers who sell items to
their residents.

The proposal by Republican Rep. J. Eggleston would only apply to online
retailers that sell at least $100,000 in products to Missouri residents or make
at least 200 separate sales over a year.

Legislative researchers have estimated the tax could bring in as much as $100
million in tax revenue to the state once it's fully implemented, but that figure
is based on a previous version of Eggleston's bill.