Press Release


MAYORS, COUNTIES AND SHOPPING CENTERS TEAM UP TO TACKLE E-COMMERCE ISSUE

New Orleans, LA (June 12, 1999) The U.S. Conference of Mayors, the National Association of Counties and the International Council of Shopping Centers (ICSC) are joining together to commission a study on Electronic Commerce, announced Dallas Mayor Ronald Kirk during an Internet panel session at the 67th Annual Conference of Mayors Meeting today in New Orleans.

This critical study will determine the potential fiscal impacts of tax policy decisions pertaining to Internet retail sales, analyzing sales tax revenue loss and its effect on essential local services, like public safety and education, said ICSC Chairman William McCabe. "ICSC is going where the rubber meets the road to get things accomplished. We are meeting with the mayors and county officials to ask the right questions and help find the right solutions."

Mayor Kirk, Congressional appointee to the Advisory Commission on E-Commerce and Chair of the Standing Committee on Urban Economic Policy, U.S. Conference of Mayors, led an involved panel discussion on how rapidly increasing Internet sales are affecting state and local revenues and Main Street retail. Participants included: David Cowling, Partner, Jones, Day, Reavis and Pogue and William H. McCabe, Jr., Senior Executive Vice President, New England Development Corporation and ICSC Chairman. More than 75 cities were represented including Mayor Victor Ashe, Knoxville and Mayor Sam Kathryn Campana, Scottsdale, who are outspoken leaders on this critical issue.

Mayor Kirk urged the mayors to stay informed and involved in this issue, working diligently to educate state and national leaders on the implications of an eroded sales tax base.