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AL HB330
Bill
Status
4/18/2023
Primary Sponsor
Danny Crawford
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AI Summary
HB330 Summary
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Exempts gross proceeds from sales of fencing materials used for agriculture livestock purposes from Alabama state sales and use tax
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Fencing materials covered include t-posts, wood posts, barbed wire, net wire, smooth wire, standard metal gates, and other like materials
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Amends Section 40-23-4 of the Code of Alabama 1975 by adding this exemption as subdivision (55)
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Violations of the exemption provisions are punishable by fines of $500 to $2,000 and/or 6 months to 1 year imprisonment
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Effective on the first day of the third month following passage and approval by the Governor
Legislative Description
Relating to sales tax exemptions; to amend Section 40-23-4, Code of Alabama 1975, as last amended by Acts 2022-199, 2022-291, 2022-293, and 2022-373, 2022 Regular Session, to exempt from sales tax the gross proceeds from the sale of materials to be used as fencing in agriculture livestock applications.
Tax exemption, to provide sales tax exemption for livestock fencing
Last Action
Introduced and Referred to House Ways and Means Education
4/18/2023