SB96 Alabama 2014 Session

Certain items and organizations are exempted from sales and use taxes in the Code of Alabama 1975

This bill retroactively clarifies and confirms that the gross proceeds of sales of tangible personal property to, or the storage, use, or other consumption of tangible personal property by, private schools, colleges, and universities located in Alabama continue to be exempt from state and local sales and use tax, as provided in Act 371 of the 1959 Regular Session. Consistent with that act, this bill also retroactively clarifies and confirms that the exemption from sales and use taxes continues to apply to lunches sold to both public and private school children within school buildings

To amend Sections 40-23-4, as amended by Act 2013-200, 2013 Regular Session, and 40-23-62, as amended by Act 2013-196 and Act 2013-200 of the 2013 Regular Session, Code of Alabama 1975, to clarify and confirm that the gross proceeds of sales to or the storage, use, or other consumption of tangible personal property by private schools, colleges, and universities located in Alabama are exempt from state and local sales and use tax, as are lunches sold to school children of either public or private schools, while in school buildings; and to provide a retroactive effective date. However, no refunds shall be due or issued pursuant to this act with respect to those periods prior to the effective date of this act.