HB553 Alabama 2015 Session

Summary

Primary Sponsor

Ken Johnson

Republican

Session

Regular Session 2015

Title

Taxation, discontinuing sales, use, and lodging tax discounts on sales of motor fuels, tobacco, and lodgings effective October 1, 2015, Secs. 40-17-340, 40-17-341, 40-17-343, 40-23-36, 40-23-77, 40-25-5, 40-26-21 am'd.

Description

Currently, an administrative discount is provided for a supplier or permissive supplier who timely files a return for aviation gasoline tax, gasoline tax, motor fuels (diesel) tax and motor carrier fuel tax. Also, a discount is provided for aviation gasoline tax, gasoline tax, motor fuels (diesel) tax and motor carrier fuel tax when a licensed distributor or importer timely pays tax due to supplier or permissive supplier. An administrative discount is applied to aviation gas tax, gasoline tax, motor fuels (diesel) tax and motor carrier fuel taxes when a supplier or permissive supplier timely files return for payments not previously remitted.

Currently, authorized sales tax licensees are also provided a discount. An administrative discount is given on contractors’ gross receipts to contractors that file returns timely each month. A discount is applied to timely filers for use tax.

Qualified wholesalers and jobbers are allowed a discount on the sale of tobacco stamps. Currently, a timely filing discount on lodgings tax is allowed for qualifying vendors.

This bill would discontinue the aforementioned discounts.

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Subjects

Taxation