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AL SB307
Bill
Status
4/16/2019
Primary Sponsor
Gerald Allen
Click for details
AI Summary
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Amends Section 11-51-90.1 of the Alabama Code to modify the definition of "gross receipts" for municipal business license tax calculations.
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Allows businesses paying a municipal business license tax based on gross receipts to deduct any excise tax imposed by federal, state, and local governments from their gross receipts calculation.
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Adds explicit language stating that gross receipts shall not include excise taxes "whether called an excise tax or license fee" imposed by any level of government.
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Becomes effective on the first day of the third month following passage and approval by the Governor.
Legislative Description
Municipalities, business license tax on gross receipts, gross receipts not to include any other taxes on gasoline or motor fuels, Sec. 11-51-90.1 am'd.
Municipalities
Last Action
Pending third reading on day 14 Favorable from Transportation and Energy
4/25/2019