HB652 Alabama 2012 Session

Sponsors

Session

Regular Session 2012

Title

Taxation, occupational tax authorized in county which had levied an occupational tax within the past 20 years, and where a public university is located with a medical school

Description

<p class="bill_description"> Under existing law, the Legislature may allow counties to levy an occupational and license tax on persons who work within the county</p><p class="bill_description"> This bill would allow a county which has levied an occupational and license tax in the 20 years prior to the reenactment of this act to reimpose the tax on the same terms and conditions as it was previously imposed if there is a public university in the county that operates a medical school</p><p class="bill_description"> This bill would provide that 20 percent of the proceeds from the occupational and license tax shall be transferred to the university to be used for scientific, medical, and innovative research projects or construction projects for the university</p><p class="bill_entitled_an_act"> Relating to occupational and license tax; to allow a county which has levied an occupational and license tax in the 20 years prior to the enactment of this act to reimpose the tax on the same terms and conditions as it was previously imposed if there is a public university in the county that operates a medical school; and to provide that 20 percent of the proceeds from the occupational and license tax would be transferred to the university to be used for scientific, medical, and innovative research projects or construction projects for the university. </p>

Subjects

Taxation