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AL SB145
Bill
Status
2/1/2022
Primary Sponsor
Shay Shelnutt
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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 purposes.
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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 language specifying that gross receipts shall not include "any excise tax imposed by the federal or state government or any local government whether called an excise tax or license fee."
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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
Read for the first time and referred to the Senate committee on Finance and Taxation Education
2/1/2022