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AL SB18
Bill
Status
3/16/2021
Primary Sponsor
Andrew Jones
Click for details
AI Summary
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Amends Section 40-21-82.1 of the Code of Alabama 1975 to add Floyd Cherokee Medical Center LLC as a new exempt entity under the utility gross receipts tax.
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Floyd Cherokee Medical Center LLC, owned by Floyd Healthcare Management, Inc., is exempt from all taxes levied under Section 40-21-82.
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The exemption is temporary and expires on September 30, 2025, unless the Legislature extends it by subsequent legislative action.
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Bill passed the Alabama Senate on March 6, 2021 with a vote of 30 Yeas, 0 Nays, and 1 Abstaining.
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Takes effect on the first day of the third month following passage and approval by the Governor.
Legislative Description
Utility gross receipts tax, Floyd Cherokee Medical Center LLC in Centre exempt, Sec. 40-21-82.1 am'd.
Taxation
Last Action
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
3/18/2021