SB537 Alabama 2010 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2010
Title
Visionary Ministry, LLC, and the non-profit mentoring program of the church, IPEC, LLC, exempt from state, county, and municipal sales and use tax
Description
<p class="bill_description"> Under existing law, the state imposes sales
and use taxes upon certain persons, firms, or
corporations. The amount of the taxes ranges from
one and one-half to four percent of the gross
proceeds of the sale or consumption of various
types of tangible personal property. The state also
imposes a sales tax on the operation of places of
amusement or entertainment. Counties and
municipalities impose various additional sales and
use taxes. Certain entities are exempted from
state, county, or local sales and use taxes</p><p class="bill_description">
This bill would exempt the Visionary
Ministry, LLC, and the nonprofit mentoring program
of the church, IPEC, LLC, from any state, county,
and municipal sales and use taxes</p><p class="bill_entitled_an_act"> To exempt the Visionary Ministry, LLC, and the
nonprofit mentoring program of the church, IPEC, LLC, from the
payment of all state, county, and municipal sales and use
taxes.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 11, 2010 | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB537 Alabama 2010 Session - Introduced |