Online sales tax may soon fill unemployment coffers March 11, 2021 at 6:15 PM EST - Updated March 11 at 6:15 PM
Billions in uncollected online sales tax could soon be refilling Florida s drained unemployment system.
Lawmakers advanced a revamped version of HB 15 Thursday morning, 16-2. The legislation forces retailers to collect online sales tax, which most Floridians don t pay on their own. An estimated billion dollars annually would then be funneled into the unemployment trust fund.
Under current law, businesses refill that coffer by way of a rolling per-employee tax rate.
Bil sponsor, Rep. Charles Clemons, Sr., R-Jonesville, said the measure avoids what would have been a 700% increase over four years.