A bill that would allow states to collect taxes from online purchases will be introduced in both chambers of Congress on Thursday after several setbacks at the end of last year.

The Marketplace Fairness Act of 2013, authored by Sens. Dick Durbin, D-Ill., Mike Enzi, R-Wyo., and Lamar Alexander, R-Tenn., would give states the authority to place a tax on online purchases, but would exempt small businesses that earn less than $500,000 annually from out-of-state sales.

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