HB401 Alabama 2012 Session
Summary
- Primary Sponsor
-
Yvonne KennedyDemocrat - Co-Sponsors
- Napoleon BracyRod ScottMary Sue McClurkinRon JohnsonMicky HammonBarry MaskJim BartonJamie IsonAlan BakerChad FincherJoe HubbardVictor GastonRandy DavisJames E. BuskeyDavid Sessions
- Session
- Regular Session 2012
- Title
- Taxation, exemption from sales and use tax for metal sold for investment purposes, Secs. 40-23-4, 40-23-62 am'd (2012-20369)
- Description
Under existing law, the State of Alabama levies a sales and use tax on the sale and use of certain products and services and activities.
Certain products and business activities are exempt from the imposition of the taxes.
This bill would provide that certain metal held for investment purposes shall be exempt from the sales and use tax.
- Subjects
- Sales and Use Tax
Bill Actions
Delivered to Governor at 11:45 a. m. on May 9, 2012.
Assigned Act No. 2012-395.
Clerk of the House Certification
Signature Requested
Enrolled
Passed Second House
Motion to Read a Third Time and Pass adopted Roll Call 1196
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Job Creation and Economic Development
Engrossed
Cosponsors Added
Motion to Read a Third Time and Pass adopted Roll Call 817
Motion to Adopt adopted Roll Call 816
Economic Development and Tourism first Substitute Offered
Third Reading Passed
Read for the second time and placed on the calendar with 1 substitute and
Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism
Bill Text
Votes
Cosponsors Added
Motion to Read a Third Time and Pass
Motion to Read a Third Time and Pass
Documents
Source: Alabama Legislature