A bill to eliminate restrictions on the taxing power of the States to impose, collect, and administer State and local sales and use taxes on sales in interstate commerce.

Allows any State, or political subdivision thereof, to impose a sales or use tax on: (1) any interstate sale of tangible personal property by a person located outside such State or political subdivision; or (2) the use of tangible personal property in such State or political subdivision acquired through any interstate sale by a resident of such State or political subdivision.

Defines "interstate sale" as a sale in which tangible personal property sold is shipped or delivered by common carrier or the United States Postal Service to the purchaser in a State from a point outside such State.