SB6 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Entities, dormant, exempt from business privilege tax, Sec. 40-14A-44 added
Description
<p class="bill_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</p><p class="bill_description">
This bill would add Section 40-14A-44 to the
Code of Alabama 1975, to exempt certain dormant
entities from the privilege tax</p><p class="bill_entitled_an_act"> To add Section 40-14A-44 to the Code of Alabama
1975, to exempt dormant entities from the business privilege
tax.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 14, 2014 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB6 Alabama 2014 Session - Introduced |