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AL SB536
Bill
Status
3/11/2010
Primary Sponsor
Rodger Smitherman
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AI Summary
SB536 Summary
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Waives the tax rate for new passenger vehicles and new trucks manufactured within Alabama until December 31, 2011.
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Applies to both the sales tax (Section 40-23-2) and use tax (Section 40-23-61) on vehicles manufactured in-state.
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Does not affect the 2% tax rate on other automotive vehicles, truck trailers, semitrailers, house trailers, or mobile home set-up materials and supplies.
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Becomes effective immediately upon passage and approval by the Governor.
Legislative Description
Motor vehicles, new passenger vehicle or new truck manufactured within this state, tax rate removed for certain period, Sec. 40-23-2, 40-23-61 am'd.
Motor Vehicles
Last Action
Read for the first time and referred to the Senate committee on Finance and Taxation Education
3/11/2010