HB702 Alabama 2012 Session
Summary
- Primary Sponsor
Jay LoveRepublican- Co-Sponsors
- Victor GastonChad FincherJamie IsonJim Barton
- Session
- Regular Session 2012
- Title
- Taxation, privilege, business tax, provider exemption to dormant entities, Sec. 40-14A-44 added
- Description
Under existing law, the state levies a privilege tax on every entity doing business in Alabama or organized, incorporated, qualified, or registered under the laws of Alabama. Certain entities are exempt from the tax. This bill would add Section 40-14A-44 to the Code of Alabama 1975 to exempt certain dormant entities from the privilege tax.
- Subjects
- Taxation
Bill Actions
Further Consideration
Pittman motion to Carry Over Temporarily adopted Voice Vote
Third Reading Carried Over
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Motion to Read a Third Time and Pass adopted Roll Call 1183
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund
Bill Text
Votes
Documents
Source: Alabama Legislature