Earlier today, the Federal Communications Commission (FCC) released the full text of its new Open Internet order, commonly known as net neutrality order. The FCC voted on the long awaited net neutrality rules last month with a final vote of 3-2. Although the rules passed last month, the full text of the order hasn't been available until today.
Yesterday, a group of bipartisan Senators introduced the Marketplace Fairness Act of 2015 (MFA) in the U.S. Senate. The bill is modeled after the legislation, also entitled the Marketplace Fairness Act, that failed to pass in the 113th Congress. The current iteration of the bill would require small business owners to collect sales tax based on 9,600 different jurisdictions across the country. It would also open businesses to audits from every state, regardless of where they are physically located.
Yesterday, PayPal was honored to host Congressman Brad Ashford (D-NE) at the Omaha, Nebraska campus. During his visit, Congressman Ashford not only received a tour of the campus, but visited with a number of the employees whom were pleased to share with the Congressman the vision of PayPal and future of digital payments. The Congressman also had the opportunity to chat about some of the major policy issues he is working on in Congress, including trade, cybersecurity and enabling businesses in Nebraska to grow.