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AL SB507

Bill

Official Source

Status

Introduced

5/26/2015

Primary Sponsor

Rodger Smitherman

Click for details

Origin

Senate

Regular Session 2015

AI Summary

  • Increase privilege tax on pharmaceutical service providers from 10 cents to 25 cents per prescription filled or refilled for Alabama citizens
  • Tax applies to all providers of pharmaceutical services except hospital inpatient pharmacies and state-owned or operated pharmacies
  • Tax revenue supports indigent health care, Medicaid Program operations, and expansion of medical services
  • Tax is imposed in addition to all other existing taxes
  • Act becomes effective immediately upon passage and Governor approval

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

Committee Referrals

Finance and Taxation General Fund5/26/2015

Full Bill Text

No bill text available