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AL SB400
Bill
Status
4/4/2013
Primary Sponsor
Shadrack McGill
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AI Summary
SB400 Summary
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Amends Section 11-51-90.2 of the Alabama Code to cap the initial business license fee at $5 per business.
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Establishes classification system using 2002 North American Industrial Classification System (NAICS) sectors to categorize businesses for licensing purposes.
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Specifies that tax calculation bases may include gross receipts, flat rate, number of employees, or square footage depending on the business sector.
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Provides municipalities flexibility to create sub-sectors, levy other municipal taxes separately, and require minimum licenses after 90 days of operation.
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Becomes effective on the first day of the third month following passage and gubernatorial approval.
Legislative Description
Business license tax, within municipality, amount a tax levied shall not exceed a certain amount, Sec. 11-51-90.2 am'd.
Taxation
Last Action
Read for the first time and referred to the Senate committee on Governmental Affairs
4/4/2013