AL SB169

Amends Section 11-51-90.1 of the Alabama Code to modify the definition of "gross receipts" for municipal business license tax calculations.

Allows businesses paying municipal business licenses based on gross receipts to deduct any excise taxes imposed by federal, state, and local governments from their gross receipts.

Specifies that excise taxes and license fees imposed by federal, state, or local governments are excluded from the gross receipts calculation, whether or not they are called excise taxes or license fees.

Becomes effective on the first day of the third month following passage and approval by the Governor, or upon otherwise becoming law.