HB151 Alabama 2014 Session

Signed by Governor

Bill Summary

Session

Regular Session 2014

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.

To amend Section 40-23-7, Code of Alabama 1975, relating to the collection of state sales taxes, to increase the average monthly tax liability for a taxpayer to be required to make estimated state sales tax payments from $1,000 or greater to $2,500 or greater.

Subjects

Taxation

Bill Actions

Action Date	Chamber	Action
March 31, 2014	H	Delivered to Governor at 3:48 p.m. on April 1, 2014.
March 31, 2014	H	Assigned Act No. 2014-316.
March 31, 2014	H	Clerk of the House Certification
March 31, 2014	S	Signature Requested
March 31, 2014	H	Enrolled
March 31, 2014	H	Passed Second House
March 19, 2014	S	Motion to Read a Third Time and Pass adopted Roll Call 1043
March 19, 2014	S	Taylor motion to Table adopted Voice Vote
March 19, 2014	S	Finance and Taxation Education Amendment Offered
March 19, 2014	S	Third Reading Passed
February 19, 2014	S	Read for the second time and placed on the calendar 1 amendment
January 15, 2014	S	Read for the first time and referred to the Senate committee on Finance and Taxation Education
January 15, 2014	H	Motion to Read a Third Time and Pass adopted Roll Call 21
January 15, 2014	H	Third Reading Passed
January 14, 2014	H	Read for the second time and placed on the calendar
January 13, 2014	H	Read for the first time and referred to the House of Representatives committee on Ways and Means Education