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AL HB334
Bill
Status
2/27/2020
Primary Sponsor
David Faulkner
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AI Summary
HB334 Summary
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Deletes the exclusion of highway, road, and bridge construction contracts from sales and use tax exemption certificate requirements for governmental entity projects.
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Makes the exemption applicable to contracts for highway, road, and bridge construction entered into on or after January 1, 2021.
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Requires the Department of Revenue to grant exemption certificates to licensed contractors and subcontractors for construction materials and supplies used in these projects for tax-exempt governmental entities.
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Does not apply to contracts for highways, roads, or bridges entered into prior to January 1, 2021, or to related change orders and extensions based on pre-2021 original contracts.
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Becomes effective October 1, 2020.
Legislative Description
Sales and use tax, construction contracts for highways, roads, and bridges, Revenue Dept., issuance of exemption certificates if gov't entity contracting is tax exempt, Sec. 40-9-14.1 am'd.
Sales and Use Tax
Last Action
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
2/27/2020