GFOA Members Encouraged to Oppose Permanent Extension of Internet Tax Freedom Act

Wednesday, June 11, 2014

The House of Representatives is considering a permanent extension of the Internet Tax Freedom Act (H.R. 3086), with action likely to be taken on the bill in the next few weeks. The GFOA strongly opposes this measure because it would cost states and localities millions of dollars in revenue in the coming years, as more services that are subject to traditional taxation move to the Internet. GFOA members are encouraged to contact their Congressional delegations and urge them to work with House Judiciary Committee Ranking Member John Conyers (D-MI) to introduce and support a fair, short-term extension of the Internet tax moratorium. A temporary extension of the bill, rather than a permanent moratorium, would ensure that Congress has the chance to revisit the moratorium to correct any unintended consequences, such as unsustainable losses in state and local government revenue. Click here for some talking points on ITFA to share with your members of Congress.