Editor’s Note: Just thought this was interesting since one of the new taxes in the budget that was vetoed was to tax Amazon.com and other online retailers doing business in California. (Yeah, I know, make them collect sales tax like other retailers.)
By Barry Harrell | Monday, June 20, 2011, 10:55 AM
Amazon.com is negotiating a deal with Texas officials that would see the online retail giant promise to bring more than 5,000 jobs and $300 million in capital investments to the state over the next three years – if in exchange lawmakers will grant Amazon a 4 1/2-year exemption from collecting tax on online sales, according to documents obtained by the American-Statesman.
The proposed deal would be implemented by attaching it to Senate Bill 1, the wide-ranging fiscal matters bill being debated in the Legislature’s special session. SB 1 is a must-pass measure essential to balancing the state’s 2012-13 budget.
A draft copy of the conference committee report that would add the language to SB 1 was obtained by the American-Statesman. Mark Miner, spokesman for Gov. Rick Perry, confirmed Monday that the governor’s office has seen the draft copy of the proposed legislative language.
“The governor is always working to create jobs in Texas, and he supports any kind of legislation that would accomplish that goal,” Miner said. “His focus has always been on the Texas economy and creating jobs in this state. He’s always talking to companies in Texas that want to expand, or companies outside of Texas who might want to locate here.”
The proposal is similar to one Amazon recently struck with South Carolina, where that state’s legislators approved a 4½-year exemption on collecting sales tax in exchange for Amazon creating at least 2,000 jobs and investing at least $125 million through the end of 2013.
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