Tax Fairness for Main Street Business Act of 1994

Tax Fairness for Main Street Business Act of 1994 - Authorizes a State or local jurisdiction to require certain out-of-State businesses to collect sales taxes on tangible personal property sold to residents of the State or local jurisdiction.

Provides an in-lieu fee rate where local taxes are not uniform.

Requires a State to distribute taxes collected under this Act proportionately to taxes collected separate from this Act.

Prohibits a State from requiring out-of-State businesses to file reporting returns more than once every calendar quarter.

Requires a State to establish toll-free information services to provide such businesses with necessary forms and instructions.