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AL HB116

Bill

Status

Engrossed

2/25/2016

Primary Sponsor

Roderick Scott

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Origin

House of Representatives

Regular Session 2016

AI Summary

HB116 Summary

  • Amends Sections 40-23-191 and 40-23-198 of the Alabama Code to update definitions and references in the Simplified Seller Use Tax Remittance Act.

  • Allows eligible sellers to remain in the program even after establishing a physical business address in Alabama for instate retail sales, provided they participated for at least 6 months prior to establishing that presence.

  • Permits continued program participation by sellers who become subject to collection and remittance requirements through an affiliate's physical presence in Alabama, if the seller had participated for at least 6 months before such obligation arose.

  • Protects existing program participants (registered at least 6 months prior) from program termination if federal legislation removes current limitations on Alabama's ability to enforce sales and use tax jurisdiction against out-of-state businesses.

  • Allows qualifying sellers to continue receiving a 2% discount on simplified sellers use taxes and continue reporting under existing conditions.

  • Becomes effective immediately upon passage and approval by the Governor.

Legislative Description

Sales and use tax, simplified seller use tax remittance, definition of seller, continued participation if physical address established, Secs. 40-23-191, 40-23-198 am'd.

Taxation

Last Action

Pending third reading on day 15 Favorable from Finance and Taxation General Fund

3/10/2016

Committee Referrals

Finance and Taxation General Fund2/25/2016
Ways and Means General Fund2/3/2016

Full Bill Text

No bill text available