Internet Tax Freedom Act

[AI summary unavailable — showing source text] Internet Tax Freedom Act - Prohibits, for three years after enactment of this Act, any State or political subdivision from imposing, assessing, collecting, or attempting to collect taxes on Internet access, bit taxes, or multiple or discriminatory taxes on electronic commerce. Provides an exception for such taxes imposed by certain States and in effect on the date of enactment of this Act (requiring such States, within one year, to expressly affirm that such a tax is imposed on Internet access). Establishes the Advisory Commission on Electronic Commerce to study State and local taxation of transactions using the Internet and Internet access, examine model State legislation with respect to such taxation and simplified administrative procedures concerning such taxation, and transmit to the President and the Congress proposed legislation reflecting the findings of such study and examination. Directs the President to review such proposals and submit to the Congress such policy recommendations as deemed necessary or expedient. Provides for the expedited consideration of the proposed legislation. (Sec. 3) Amends the Communications Act of 1934 (the Act) to prohibit the Federal Communicati…