SB248 Alabama 2010 Session

Summary

Primary Sponsor

Scott Beason

Republican

Session

Regular Session 2010

Title

Food, state sales and use tax reduced under certain circumstances, counties and municipalities may not increase their sales and use tax rates

Description

Under existing law, the state imposes sales or use taxes upon certain persons, firms, or corporations. Sales of certain items are taxed at a reduced rate. Sales of other items are exempt from the taxes.

This bill would provide that the state sales and use taxes on food would be reduced by one percentage point per year at the beginning of each fiscal year after the Education Trust Fund has a three percent growth in revenue.

This bill would provide that counties and municipalities may not increase their sales and use tax rates on food over the rates in effect on the effective date of this act.

Show more Show less

Subjects

Taxation