54:32B-48 - Entry into Streamlined Sales and Use Tax Agreement authorized

54:32B-48  Entry into Streamlined Sales and Use Tax Agreement authorized.
5.The State Treasurer is authorized and directed to enter into the Streamlined Sales and Use Tax Agreement with one or more states to simplify and modernize sales and use tax administration in order to substantially reduce the burden of tax compliance for all sellers and for all types of commerce.  In furtherance of the Agreement, the  State Treasurer is authorized to act jointly with other states that are members of the Agreement to establish standards for certification of a certified service provider and certified automated system and establish performance standards for multistate sellers.

The State Treasurer is further authorized to take other actions reasonably required to implement the provisions set forth in this act.  Other actions authorized by this section include, but are not limited to, the adoption of rules and regulations and the joint procurement, with other member states, of goods and services in furtherance of the cooperative agreement.

The State Treasurer or the State Treasurer's  designee is authorized to represent this State before the other states that are signatories to the Agreement.

L.2001,c.431,s.5.