Amends existing law to provide that the sales tax from internet sales shall be distributed in the same manner as all other sales and use tax revenue.

As people continue to buy more online, our brick and mortar sales tax revenue and our general fund is jeopardized. One of the effects of the pandemic and Amazon moving into our state is that more people are choosing to shop online. Originally, it was believed that we would accrue approximately $50 million in the Wayfair Fund, instead we are looking at $180 million in the Wayfair Fund. This also means our counties and municipalities are not getting their share of collected sales tax. We need to move this online sales tax into the general fund sooner than we anticipated.