On March 8, ICSC State and Local Government Relations Manager Stephen Burm testified along with ICSC Maryland Government Relations Committee members Steven Sachs, Barbara Nicklas, and Lisa Bisenius in favor of SB 855/HB 1213, the “Main Street Fairness Act of 2017.”
Testimony was given at two separate hearings before the House Ways and Means and Senate Budget and Taxation Committees.
ICSC has been working closely with the Maryland Retailers Association to advance this legislation. Last month at the Maryland ICSC “State Day at the Capitol” ICSC members met with more than 40 legislators to discuss the issue and the impact the shopping center industry has on the Maryland economy. The “Main Street Fairness Act of 2017” will level the playing field for local businesses by establishing a presumption of economic nexus for retailers selling goods and services in Maryland totaling more than $10,000 quarterly or conducting 200 transactions. Retailers surpassing either threshold would be subject to collecting and remitting sales and use tax to the Commonwealth.
Maryland’s legislative session ends on April 10. All passed bills must be presented to the Governor within twenty days following adjournment of a session.