AL HB558

Amends Section 40-12-143 of the Code of Alabama to shift business license tax liability for gun shows from individual participants to the show organizer, provided the organizer obtains all required licenses.

Gun and knife shows are limited to no more than seven days in duration, and the organizer must pay the maximum license tax for each show without the option of half-year licenses.

Participants are exempt from paying business license taxes if the organizer has paid all required taxes prior to the event; if the organizer fails to pay, each participant becomes responsible for their own applicable licenses.

The organizer must verify that each participant is licensed under state and local sales tax laws, and is responsible for collecting and remitting all state and local sales taxes for unlicensed participants.

Both organizers and participants remain subject to all applicable federal, state, and local regulations, including record-keeping requirements for sales of pistols, revolvers, and silencers.