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AL SB201
Bill
Status
3/10/2015
Primary Sponsor
Steve Livingston
Click for details
AI Summary
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Amends Section 40-17-340 of the Code of Alabama 1975 regarding motor fuel excise tax payment deadlines for importers.
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Changes the payment deadline for importers importing motor fuel from bulk plants or non-terminal storage locations from the 3rd business day following importation to the 22nd day of each calendar month for the preceding month.
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Maintains the existing 3rd business day payment deadline for importers acquiring motor fuel from out-of-state terminals where the supplier has not precollected the tax.
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Allows suppliers and permissive suppliers who timely file returns to deduct an administrative discount of 0.5 percent of the tax payable to the state.
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Takes effect on the first day of the third month following passage and approval by the Governor.
Legislative Description
Motor fuel excise tax, importers of motor fuel, date tax due, changed, Sec. 40-17-340 am'd.
Gasoline Tax
Last Action
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
3/10/2015