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AL HB698
Bill
Status
5/26/2015
Primary Sponsor
Elaine Beech
Click for details
AI Summary
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Increases the privilege tax on pharmaceutical service providers in Alabama from 10 cents to 25 cents per prescription filled or refilled for Alabama citizens.
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Amends Section 40-26B-2 of the Code of Alabama 1975 to implement the tax increase.
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Exempts pharmacies or portions thereof serving hospital inpatients and pharmacies owned or operated by the State of Alabama or its agencies from the privilege tax.
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Dedicates tax revenue to support indigent health care, Medicaid Program operations, and maintenance and expansion of medical services.
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Becomes effective immediately upon passage and approval by the Governor or upon otherwise becoming law.
Legislative Description
Prescriptions, privilege tax on pharmaceutical service providers, minimum amount requirement removed, Secs. 40-26B-2 am'd.
Taxation
Last Action
Indefinitely Postponed
6/3/2015