AL HB439

Adds Section 40-23-62.1 to the Alabama Code to exempt advertisers from use tax on printed materials purchased from out-of-state printers.

Exemption applies when the advertising agency does not furnish a list of recipient names to the printer.

Applies retroactively to all open tax periods and periods for which preliminary or final tax assessments could be entered under Section 40-2A-7.

Prohibits refunds for tax periods prior to the effective date of the act.

Becomes effective on the first day of the third month following passage and approval by the Governor.