HB472 Summary

• Proposes a constitutional amendment to Alabama's Constitution of 1901 to cap sales taxes on firearms and ammunition at the same rate applied to food.

• Amendment becomes effective for all tax years beginning after December 31, 2008, and applies to pistols, rifles, shotguns, firearms of any kind, and their ammunition.

• Defines food for purposes of this amendment as substances in any form (liquid, solid, frozen, dried, dehydrated) sold for human ingestion or chewing and consumed for taste or nutritional value.

• Requires election officials to assign a ballot number and present the amendment to voters with "Yes" or "No" options in accordance with Sections 284 and 285 of the Alabama Constitution and state election laws.

• Amendment becomes valid upon approval by a majority of qualified electors voting on the measure.