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AL SB282
Bill
Status
Engrossed
2/26/2014
Primary Sponsor
J.T. Waggoner
Click for details
AI Summary
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Exempts the Samford University Foundation, Inc., from paying or collecting any state, county, and municipal sales and use taxes.
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Applies to all sales and use taxes imposed by the state at rates ranging from 1.5% to 4% of gross proceeds, as well as county and local additional sales and use taxes.
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Becomes effective on the first day of the third month following passage and approval by the Governor, or upon the bill otherwise becoming law.
Legislative Description
Samford University Foundation, Inc., exempt from sales and use taxes
Taxation
Last Action
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
2/27/2014
Committee Referrals
Ways and Means Education2/27/2014
Finance and Taxation Education1/28/2014
Full Bill Text
No bill text available