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AL SB90

Bill

Status

Passed

6/6/2023

Primary Sponsor

Steve Livingston

Click for details

Origin

Senate

Regular Session 2023

AI Summary

  • Adds new Section 40-23-4.5 to the Alabama Code to exclude products processed or produced under Chapter 2A of Title 20 from the producer value added agricultural product exemption.

  • Eliminates the sales and use tax exemption for products covered under Chapter 2A of Title 20, which was previously granted through the Sweet Grown Alabama Act 2022-291.

  • Becomes effective immediately upon passage and approval by the Governor or upon otherwise becoming law.

  • Passed the Alabama Senate on May 2, 2023 and the House of Representatives on June 6, 2023.

Legislative Description

Relating to sales and use tax; to add a new Section 40-23-4.5, Code of Alabama 1975, to exclude products under Chapter 2A of Title 20 from the producer value added sales and use tax exemption.

Taxation and revenue, exclude products under Chapter 2A of Title 20 from the producer value added sales and use tax exemption

Last Action

Enacted

6/6/2023

Committee Referrals

Ways and Means Education5/2/2023
Finance and Taxation Education3/21/2023

Full Bill Text

No bill text available