HB283 Summary

• Makes it unlawful to knowingly sell, purchase, install, transfer, or possess automated sales suppression devices or phantom-ware (software that falsifies electronic cash register records to underreport sales taxes) in Alabama.

• Establishes penalties of up to $100,000 fine for individuals or $500,000 for corporations, imprisonment up to 3 years, or both, plus liability for all lost tax revenue and forfeiture of profits from the devices.

• Classifies automated sales suppression devices and phantom-ware as contraband subject to forfeiture to the state.

• Extends the statute of limitations for prosecution of this offense from 3 years to 6 years, consistent with other tax fraud offenses.

• Becomes effective immediately upon passage and gubernatorial approval.