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AL HB298
Bill
Status
2/19/2013
Primary Sponsor
Wes Long
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AI Summary
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Amends Section 40-23-4 of the Code of Alabama 1975 to add a new exemption for ammunition manufactured for firearms from state sales tax.
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Adds subdivision (48) exempting gross receipts from the sale or sales of ammunition for use in firearms from sales tax computation.
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Establishes penalties for violations of sales tax exemption provisions: fines between $500 and $2,000 and imprisonment of 6 months to 1 year in county jail.
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Bill becomes effective on the first day of the third month following passage and approval by the Governor.
Legislative Description
Sales tax, exempting ammunition manufactured for firearms from sales tax, Sec. 40-23-4 am'd.
Sales Tax
Last Action
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
2/19/2013