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AL HB299
Bill
Status
1/25/2018
Primary Sponsor
Elaine Beech
Click for details
AI Summary
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Amends Section 40-26B-9, Code of Alabama 1975, to authorize the Department of Revenue to refund unused supplemental privilege tax credits to pharmaceutical service providers upon petition.
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Pharmaceutical service providers entitled to credits for overpayment of supplemental privilege tax on pharmaceutical services can request direct refunds of remaining unused credits after October 1, 2018.
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Petitions for refunds must be submitted no later than October 1, 2020, and refunds will be paid without interest.
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The Department of Revenue shall establish procedures to implement the refund process.
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The act becomes effective immediately upon passage and approval by the Governor.
Legislative Description
Pharmaceutical Services Providers, may petition Dept. of Revenue for direct refund of overpayment of supplemental privilege tax, Sec. 40-26B-9 am'd.
Pharmacies and Pharmacists
Last Action
Beech motion to Indefinitely Postpone adopted Voice Vote
2/6/2018