SB46 Alabama 2014 Session
Summary
- Primary Sponsor
-
Bryan TaylorRepublican - 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.
- Subjects
- Taxation
Bill Actions
Pending third reading on day 19 Favorable from Ways and Means Education with 1 amendment
Ways and Means Education first Amendment Offered
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 26
Taylor motion to Adopt adopted Roll Call 25
Finance and Taxation General Fund Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Bill Text
Votes
Taylor motion to Adopt
Documents
Source: Alabama Legislature