AL SB314

Adds Section 40-23-62.1 to the Alabama Code to exempt advertising agencies 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 eligible for tax assessment, but no refunds are due for periods before the act's effective date.

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