CHICAGO, March 10, 2011 /PRNewswire-USNewswire/ -- Governor Quinn today signed into law the controversial internet affiliate marketing tax, HB 3659. TechAmerica has remained dedicated to advocating on behalf of the affiliate marketing and tech community at large in Illinois to prevent this legislation from becoming law.
"We are of course disappointed with this decision, given the definitive data on the ineffectiveness of this proposal from other states," said TechAmerica Executive Director Ed Longanecker. "We are committed to finding a solution that will minimize the negative impact of this legislation to support continued innovation and job growth for this critical industry in Illinois."
Twelve states have rejected similar proposals in recent years, and several others are seeking to repeal their internet tax laws due to job losses, constitutional concerns, and the negative impact on state revenue. The affiliate marketing language in HB 3659 was introduced and passed in both Houses all within thirty hours of the last legislative session.
"We thank all the companies and organizations in Illinois that supported the veto effort, and look forward to continuing our work in the coming weeks," added Longanecker.
TechAmerica is the leading voice for the U.S. technology industry – the driving force behind productivity growth and jobs creation in the United States and the foundation of the global innovation economy. Representing approximately 1,200 member companies of all sizes from the public and commercial sectors of the economy, it is the industry's largest advocacy organization and is dedicated to helping members' top and bottom lines. TechAmerica is also the technology industry's only grassroots-to-global advocacy network, with offices in state capitals around the United States, Washington, D.C., Europe (Brussels) and Asia (Beijing). It was formed by the merger of AeA (formerly the American Electronics Association), the Cyber Security Industry Alliance (CSIA), the Information Technology Association of America (ITAA) and the Government Electronics & Information Technology Association (GEIA).Learn more about TechAmerica at www.techamerica.org.