Remote sales & use tax collection; sufficient activity by remote sellers & marketplace facilitators.

Directs the Department of Taxation (the Department) to require a remote seller to collect sales and use tax if the seller has more than $250,000 in annual gross revenue from sales in Virginia and requires a marketplace facilitator, which enables marketplace sellers to sell in Virginia through its marketplace, to collect sales and use tax on any sales facilitated in the Commonwealth. The bill provides that the obligation of remote sellers and marketplace facilitators to collect sales and use tax shall not apply to transactions occurring before July 1, 2019.