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SB295
205501-1:n:03/03/2020:LSA-BY/jmb SB295 By Senators Givhan, Gudger and Livingston RFD Finance
and Taxation Education Rd 1 10-MAR-20 SYNOPSIS: Under current law, airport authorities are
exempt from certain taxes. Also under current law, certain governmental entities that are
otherwise sales and use tax exempt may be issued certificates of exemption from sales and
use taxes on certain projects. A sales and use tax exemption certificate may be issued to
certain contractors and subcontractors working on these projects. Also under current law,
certain governmental entities that are otherwise exempt from sales, use, or lodgings tax are
required to annually obtain a certificate of exemption. This bill would exempt airport authorities
from paying sales and use taxes. Also, this bill would include airport authorities in the
list of governmental entities that may be issued a certificate of exemption from sales and
use taxes on certain projects and in the list of governmental entities that shall...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB295.htm - 11K - Match Info - Similar pages
HB391
205501-1:n:03/03/2020:LSA-BY/jmb HB391 By Representatives Reynolds, Brown (C), Oliver, Kiel,
Stadthagen, Stringer, Shiver, Sanderford, Ball, Whitt, Rafferty, Moore (M), Rich, Collins,
Robertson, Wood (D), Wheeler and McCutcheon RFD Ways and Means Education Rd 1 05-MAR-20 SYNOPSIS:
Under current law, airport authorities are exempt from certain taxes. Also under current law,
certain governmental entities that are otherwise sales and use tax exempt may be issued certificates
of exemption from sales and use taxes on certain projects. A sales and use tax exemption certificate
may be issued to certain contractors and subcontractors working on these projects. Also under
current law, certain governmental entities that are otherwise exempt from sales, use, or lodgings
tax are required to annually obtain a certificate of exemption. This bill would exempt airport
authorities from paying sales and use taxes. Also, this bill would include airport authorities
in the list of governmental entities...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB391.htm - 11K - Match Info - Similar pages
HB334
204817-1:n:02/11/2020:FC/bm LSA2020-574 HB334 By Representatives Faulkner and Garrett RFD Ways
and Means Education Rd 1 27-FEB-20 SYNOPSIS: Under existing law, a licensed contractor is
required to be issued a certificate of exemption from sales and use taxes by the Department
of Revenue for the purchase of construction materials and supplies to be used in a construction
contract for a governmental entity when the governmental entity is exempt from the payment
of sales and use tax. Any contracts for the construction of a highway, road, or bridge is
not included in the type of contracts for which a contractor is required to be granted a certificate
of exemption under this law. This bill would include any contract for the construction of
a highway, road, or bridge entered into on or after January 1, 2021 in the contracts required
to be granted a certificate of exemption from sales and use tax for the purchase of construction
materials when the contract is for a governmental entity which...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB334.htm - 8K - Match Info - Similar pages
SB216
204817-1:n:02/11/2020:FC/bm LSA2020-574 SB216 By Senator Whatley RFD Finance and Taxation Education
Rd 1 20-FEB-20 SYNOPSIS: Under existing law, a licensed contractor is required to be issued
a certificate of exemption from sales and use taxes by the Department of Revenue for the purchase
of construction materials and supplies to be used in a construction contract for a governmental
entity when the governmental entity is exempt from the payment of sales and use tax. Any contracts
for the construction of a highway, road, or bridge is not included in the type of contracts
for which a contractor is required to be granted a certificate of exemption under this law.
This bill would include any contract for the construction of a highway, road, or bridge entered
into on or after January 1, 2021 in the contracts required to be granted a certificate of
exemption from sales and use tax for the purchase of construction materials when the contract
is for a governmental entity which is tax exempt by...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB216.htm - 8K - Match Info - Similar pages
HB66
Rep(s). By Representative McClammy HB66 ENROLLED, An Act, Relating to economic development;
to authorize the incorporation in any municipality or county in this state of a local redevelopment
authority for the purpose of promoting trade and commerce by inducing commercial enterprise
to upgrade, improve, modernize, and expand existing facilities and to locate new facilities
on land contiguous with an active U.S. Air Force military installation within the corporate
limits of the municipality, or geographical boundaries of the county; to provide for the formation,
governance, power, and duties of the authority; to provide for the issuance by the authority
of interest-bearing revenue bonds and other interest-bearing securities, payable solely out
of the revenues and receipts derived from the leasing or sale of properties owned by the authority;
to provide that the securities may be secured by a pledge of the revenues and receipts from
which they are payable; to authorize the authority to...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB66.htm - 63K - Match Info - Similar pages
SB53
SB53 ENGROSSED By Senator Burkette A BILL TO BE ENTITLED AN ACT Relating to economic development;
to authorize the incorporation in any municipality or county in this state of a local redevelopment
authority for the purpose of promoting trade and commerce by inducing commercial enterprise
to upgrade, improve, modernize, and expand existing facilities and to locate new facilities
on land contiguous with an active U.S. Air Force military installation within the corporate
limits of the municipality, or geographical boundaries of the county; to provide for the formation,
governance, power, and duties of the authority; to provide for the issuance by the authority
of interest-bearing revenue bonds and other interest-bearing securities, payable solely out
of the revenues and receipts derived from the leasing or sale of properties owned by the authority;
to provide that the securities may be secured by a pledge of the revenues and receipts from
which they are payable; to authorize the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB53.htm - 63K - Match Info - Similar pages
SB248
the Constitution of this state. "(18) When dealers or distributors use parts taken from
stocks owned by them in making repairs without charge for such parts to the owner of the property
repaired pursuant to warranty agreements entered into by manufacturers, such use shall not
constitute taxable sales to the manufacturers, distributors, or to the dealers, under this
division or under any county sales tax law. "(19) The gross proceeds received from the
sale or furnishing of food, including potato chips, candy, fruit and similar items,
soft drinks, tobacco products, and stationery and other similar or related articles by hospital
canteens operated by Alabama state hospitals at Bryce Hospital and Partlow State School for
Mental Deficients at Tuscaloosa, Alabama, and Searcy Hospital at Mt. Vernon, Alabama, for
the benefit of the patients therein. "(20) The gross proceeds of the sale, or sales,
of wrapping paper and other wrapping materials when used in preparing poultry or poultry...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB248.htm - 36K - Match Info - Similar pages
HB4
200313-1:n:04/30/2019:LFO-KF**/jmb HB4 By Representative Holmes RFD Fiscal Responsibility Rd
1 04-FEB-20 SYNOPSIS: This bill would repeal various state taxes and levy instead a comprehensive
consumption tax. A BILL TO BE ENTITLED AN ACT To repeal the following provisions of the Code
of Alabama 1975: Chapter 18 of Title 40, Sections 40-27-1.1, and 40-31-1-through 40-31-4,
regarding the income tax; Chapter 9F of Title 40, regarding the tax credits for rehabilitation
of historic structures; Chapter 16 of Title 40, regarding the financial institutions excise
tax; Chapter 14 of Title 40, regarding the corporation tax; Sections 40-14A-1 through 40-14A-2,
40-14A-21 through 40-14A-29, and 40-14A-41 through 40-14A-43, regarding the business privilege
tax; Chapter 23 of Title 40, regarding the sales and use and contractors gross receipts
taxes; Sections 40-15-1 through 40-15-19, regarding estate and gift tax; Sections 40-15A-1
through 40-15A-14, regarding the generation-skipping transfer tax;...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB4.htm - 111K - Match Info - Similar pages
HB353
205816-1:n:02/27/2020:LSA-KF/jmb HB353 By Representative Garrett RFD Ways and Means Education
Rd 1 27-FEB-20 SYNOPSIS: Under existing law, financial institutions are taxed at a rate of
six and one-half percent of net income and allowed to deduct federal income taxes paid or
accrued during the taxpayers tax year. Under existing law, corporate income taxpayers are
taxed at a rate equal to six and one-half percent of taxable income and allowed to deduct
federal income taxes paid or accrued within the year. Under existing law, the apportionment
factor for most corporate income taxpayers is calculated using a three-factor apportionment
formula, with the sales factor double-weighted. The 2017 federal Tax Cuts and Jobs Act eliminated
or limited business deductions and created new classes of income for corporate income taxpayers.
Since Alabama is a rolling conformity state, Alabama automatically conforms to many of the
federal tax changes without new legislation. This bill would decrease the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB353.htm - 73K - Match Info - Similar pages
SB250
205816-1:n:02/27/2020:LSA-KF/jmb SB250 By Senators Roberts and Marsh RFD Finance and Taxation
Education Rd 1 27-FEB-20 SYNOPSIS: Under existing law, financial institutions are taxed at
a rate of six and one-half percent of net income and allowed to deduct federal income taxes
paid or accrued during the taxpayers tax year. Under existing law, corporate income taxpayers
are taxed at a rate equal to six and one-half percent of taxable income and allowed to deduct
federal income taxes paid or accrued within the year. Under existing law, the apportionment
factor for most corporate income taxpayers is calculated using a three-factor apportionment
formula, with the sales factor double-weighted. The 2017 federal Tax Cuts and Jobs Act eliminated
or limited business deductions and created new classes of income for corporate income taxpayers.
Since Alabama is a rolling conformity state, Alabama automatically conforms to many of the
federal tax changes without new legislation. This bill would...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB250.htm - 73K - Match Info - Similar pages
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