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HB390
175246-1:n:03/10/2016:PMG/cj LRS2016-925 HB390 By Representative Pringle RFD Technology and
Research Rd 1 10-MAR-16 SYNOPSIS: Under existing law, there are no economic incentives or
tax credits extended to Alabama businesses for qualified research expenses incurred by Alabama
companies that spend funds and resources in-house, or pay Alabama research companies to conduct
qualified research for new or improved products or services. This bill would establish the
Alabama Innovation Act that would provide for a research and development tax credit to certain
Alabama companies modeled on the federal research and development tax credit. The credit would
be 25 percent of research at an Alabama research entity, and 10 percent for other research
conducted in Alabama. The credit could be taken against the income tax or the financial institution
excise tax. This bill would limit the Alabama Innovation tax credits to no more than twenty-five
million dollars ($25,000,000) of credits per year, and no...
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HB462
175707-1:n:03/15/2016:LFO-HP*/bdl HB462 By Representative Martin RFD Ways and Means General
Fund Rd 1 22-MAR-16 SYNOPSIS: Under current law, all entities doing business or registered
to do business in Alabama, have an annual filing obligation for Business Privilege Tax. The
Business Privilege Tax is calculated based on an entitys net worth, apportioned to Alabama.
There is a minimum of $100 Business Privilege Tax imposed annually on all entities subject
to this tax. Currently, taxpayers have an annual maximum Business Privilege Tax due of $15,000.
In addition, under current law, the Business Privilege Tax due date for Financial Institutions
is March 15. The Alabama Excise Tax return filed by financial institutions is due April 15.
Taxpayers often need to extend the filing date of the Business Privilege Tax in order to have
complete information not available until the Financial Institution Excise Tax return is completed.
In addition, this bill ensures that all other entity types have...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB462.htm - 23K - Match Info - Similar pages
SB112
173358-1:n:02/02/2016:FC/tj LRS2016-341 SB112 By Senator Ward RFD County and Municipal Government
Rd 1 02-FEB-16 A BILL TO BE ENTITLED AN ACT Relating to Class 8 municipalities; to provide
for the abatement of grass or weeds which become a nuisance under certain conditions; to provide
for notice to the property owners; to provide for the assessment of the costs for abatement
when the work is required to be performed by the municipalities; to provide for the collection
by the municipality of the costs through the addition of the costs to ad valorem taxes and
for enforcement by the county tax collecting official; and to provide for liens on the property
under certain conditions. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. This act
shall apply only to any Class 8 municipality. Section 2. An abundance of overgrown grass or
weeds within the municipality which is injurious to the general public health, safety, and
general welfare by providing breeding grounds and shelter for...
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SB335
SB335 By Senator Sanford ENROLLED, An Act, To amend Sections 40-2A-3, 40-2A-6, 40-2A-12, 40-2A-13,
40-2A-14, and 40-2A-15 of the Code of Alabama 1975, relating to the Alabama Taxpayers' Bill
of Rights and Uniform Revenue Procedures Act; to further define terms; to further require
signed and dated written authorization for examining the books and records of a taxpayer under
certain conditions; to require certain disclosures; to further provide the time frame in which
a private auditing or collecting firm engaged by a self-administered municipality or county
may commence an examination; to require certain confidentiality requirements; to provide for
an independent hearing or appeals officer; to require a public official or employee of the
taxing authority sign the final assessment; to provide minimum education requirements for
examiners of private auditing or collecting firms; and to require the Alabama Local Tax Institute
of Standards and Training Board to establish a hotline to...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB335.htm - 36K - Match Info - Similar pages
HB169
Rep(s). By Representative Fincher HB169 ENROLLED, An Act, To amend Section 40-9B-5, Code of
Alabama 1975, relating to the abatement of taxes by a municipality or a public industrial
authority; to further provide for the conditions for a municipality or a municipal public
industrial authority to abate a county tax. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section
1. Section 40-9B-5, Code of Alabama 1975, is amended to read as follows: §40-9B-5. "(a)
Subject to the geographical or jurisdictional or other limitations specified in subsections
(b), (c), and (d), the governing body of a municipality, a county, or a public industrial
authority may grant abatements of all of the taxes allowed to be abated under Section 40-9B-4
with respect to private use industrial property. "(b)(1) The abatements authorized
to be granted pursuant to subsection (a) for construction related transaction taxes and for
ad valorem taxes for a period not to exceed 10 years may be granted: "a. By the governing...
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HB526
176321-1:n:04/06/2016:LLR/tj LRS2016-1308 HB526 By Representative Scott RFD Financial Services
Rd 1 12-APR-16 SYNOPSIS: This bill would create the Alabama Motor Vehicle Title Loan Act.
The bill would: Require licensure by the State Banking Department for a person to act as a
title loan lender; provide for the application for licensure; require a bond and a nonrefundable
application and investigation fee; provide for inactive licenses, renewal and reactivation
of licenses, a fee for the license, and for the denial, suspension, or revocation of licenses.
The bill would specify acts which constitute violations for which certain disciplinary actions
may be taken; would provide for the imposition of fines and criminal penalties; and would
provide remedies for title loans made or serviced without proper licensure. The bill would
establish requirements for a title loan agreement; would provide for reclaiming a repossessed
motor vehicle under certain circumstances; and would provide payment of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB526.htm - 54K - Match Info - Similar pages
HB528
Rep(s). By Representative Ford HB528 ENROLLED, An Act, Relating to Etowah County; to amend
Sections 45-28-91.01 and 45-28-91.02, Code of Alabama 1975, relating to the distribution of
lodging taxes; to further provide for the distribution of a portion of the tax; to remove
the exemption for campgrounds; and to further provide for the distribution and use of certain
lodging tax proceeds. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 45-28-91.01
and 45-28-91.02, Code of Alabama 1975, are amended to read as follows: §45-28-91.01. "(a)
There is hereby created the new Etowah County Tourism Board. The new board shall consist of
one member appointed by each member of the Etowah County House Legislative Delegation, one
member appointed by the senator representing Etowah County, one member appointed by the county
commission, one member appointed by the Mayor of Gadsden, one member appointed by the Etowah
County Mayors Association, one member appointed by the Etowah/Gadsden...
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HB313
173595-1:n:02/18/2016:EBO-DHC/jk HB313 By Representative Clouse RFD Ways and Means General
Fund Rd 1 24-FEB-16 SYNOPSIS: This bill will be known as the Alabama Prison Transformation
Initiative Act. This bill would provide for the construction of four modern, efficient prison
facilities to reduce overcrowding, to improve safety conditions for corrections officers,
to allow for additional inmate re-entry programs and to improve operational practices and
procedures. This bill would require increased reporting to the Joint Legislative Prison Committee.
Under existing law, the Alabama Corrections Institution Finance Authority is authorized to
issue bonds for prison construction purposes. The Authority is required to construct facilities
using plans and specifications of architects or engineers, or both. This bill would also allow
the Authority to construct women's and regional prison facilities using various types of construction
agreements. This bill would allow the Authority to issue...
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SB292
173949-2:n:02/24/2016:LFO-HP/bdl SB292 By Senators Orr and Melson RFD Fiscal Responsibility
and Economic Development Rd 1 24-FEB-16 SYNOPSIS: Under existing law, liquor wholesale licensees
may sell liquor at wholesale to the Alabama Alcoholic Beverage Control Board or as authorized
by the board, other than to a retail licensee of the board. Under existing law, state liquor
stores operated by the Alabama Alcoholic Beverage Control Board and certain licensed private
retail stores may sell liquor at retail. Under existing law, retail licensees of the board
must purchase liquor from the board for resale. This bill would require the Alabama Alcoholic
Beverage Control Board to phase out retail sale of alcoholic beverages by the board prior
to October 1, 2021 but continue all other functions prescribed by law; require the board to
obtain the best available price for fixed assets, equipment, and property; and require the
Department of Economic and Community Affairs to provide certain technical...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB292.htm - 78K - Match Info - Similar pages
SB350
174719-2:n:03/02/2016:LLR/tj LRS2016-798R1 SB350 By Senator Sanders RFD Fiscal Responsibility
and Economic Development Rd 1 15-MAR-16 SYNOPSIS: Under existing law, a party desiring to
redeem property sold to the state for unpaid taxes is required to pay the amount of money
for which the property was sold, together with the amount of all taxes found to be due on
the property since the date of sale, with interest at the rate of 12 percent. This bill would
provide that a party desiring to redeem property sold to the state for unpaid taxes would
pay interest only on the taxes due at the time of default. A BILL TO BE ENTITLED AN ACT To
amend Section 40-10-121, Code of Alabama 1975; to provide that a party desiring to redeem
property sold to the state for unpaid taxes pay interest only on the taxes due at the time
of default. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 40-10-121, Code
of Alabama 1975, is amended to read as follows: §40-10-121. "(a) In order to obtain
the...
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