HB143 Summary

• Amends Alabama Code Section 40-12-143 to allow a person to organize and conduct a gun and knife show lasting no more than seven days by paying maximum license taxes instead of requiring each participant to pay individual licenses.

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

• Organizer must determine if each participant is licensed under state and local sales tax laws, provide a participant list to the county and municipality, and collect and remit all sales taxes for unlicensed participants.

• Organizer and all participants must abide by applicable federal, state, and local laws and regulations, and persons dealing in pistols, revolvers, and maxim silencers must maintain permanent sales records open for inspection by peace officers.

• The act becomes effective on the first day of the third month following passage and approval by the Governor.