Tuesday, August 23, 2011

Sacramento Bee: Amazon.com pumps $2.5 million into referendum drive

Capitol Alert

The latest on California politics and government

August 22, 2011
The Sacramento Bee Posted by Torey Van Oot
Amazon.com puts $2.25 million more into referendum drive

Amazon.com has poured another $2.25 million into its effort to overturn a law requiring some online retailers collect sales tax on purchases made by Californians, bringing the company's total investment in the referendum qualification drive to more than $5 million.

The latest contribution to the committee funding the effort, "More Jobs Not Taxes," was reported in a campaign filing posted Friday to the Secretary of State's website.

Referendum proponents have until Sept. 27 to collect the 504,760 valid voter signatures needed to qualify for the next statewide ballot. If they hit that mark, the budget-related bill will be suspended until voters can act on the issue in the June 2012 statewide primary election.

The bill targeted by the referendum, Assembly Bill X1 28, was approved as part of this year's state budget package. Gov. Jerry Brown and Democratic lawmakers have scored $200 million in revenues from the sales tax change this year.

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