Loading chat...
AL HB570
Bill
Status
4/28/2015
Primary Sponsor
John Knight
Click for details
AI Summary
-
Reduce state sales and use tax on food by one percentage point per year starting September 1, 2015, phasing to complete exemption by September 1, 2018.
-
Set tax rates at 3% (Sept 1, 2015), 2% (Sept 1, 2016), 1% (Sept 1, 2017), and 0% (Sept 1, 2018) for food sales and use.
-
Define food using the federal Supplemental Nutrition Assistance Program definition under 7 U.S.C. §2011 et seq., with the Legislature providing a new definition if federal definition is discontinued.
-
Exclude local sales taxes from this exemption, allowing local governments to continue collecting sales taxes on food at existing rates.
-
Become effective immediately upon passage and Governor approval.
Legislative Description
Sales and use tax on food, phase out over a four-year period
Taxation
Last Action
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
4/28/2015