SB174 Summary

• Requires counties and municipalities that levy business privilege or business license taxes to file annual fiscal year reports with the Department of Revenue by March 30, detailing tax classifications, schedules, and any changes.

• Counties and municipalities that fail to comply with reporting requirements must escrow subsequent business license and privilege tax collections until they achieve compliance.

• Establishes that private entities contracted to audit business taxes must send official notices from the county or municipality declaring their authority to collect taxes; violators are subject to private right of action.

• Allows taxpayers to appeal business license or privilege tax determinations from counties and municipalities to the Alabama Tax Tribunal under Section 40-2B-2.

• Expands Alabama Tax Tribunal jurisdiction to include business license or privilege taxes levied by counties and certain taxes under Section 11-51-90, while amending the tribunal's establishment and operational provisions.