SB259 Alabama 2012 Session
Summary
- Primary Sponsor
J.T. WaggonerSenatorRepublican- Co-Sponsors
- Greg J. ReedShadrack McGillPhillip W. WilliamsClay ScofieldGerald O. DialBryan TaylorJerry L. Fielding
- Session
- Regular Session 2012
- Title
- Sales tax, estimated payments, average monthly tax liability threshold increased, Sec. 40-23-7 am'd.
- Description
Under existing law, any taxpayer liable for the payment of state sales taxes whose average monthly tax liability was $1,000 or greater during the preceding calendar year must make estimated monthly payments to the Department of Revenue based on the actual tax liability for the same calendar month of the preceding year.
This bill would increase the average monthly tax liability threshold for a taxpayer to be required to make estimated payments to $2,500 or greater.
- Subjects
- Taxation
Bill Actions
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Motion to Read a Third Time and Pass adopted Roll Call 1068
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 Small Business
Bill Text
Votes
Documents
Source: Alabama Legislature