HB570 Alabama 2015 Session

Sponsors

Session

Regular Session 2015

Title

Sales and use tax on food, phase out over a four-year period

Description

<p class="bill_description"> Under existing law, the state imposes sales or use taxes upon certain persons, firms, or corporations. Sales of certain items are taxed at a reduced rate. Sales of other items are exempt from the taxes</p><p class="bill_description"> This bill would phase out the state sales and use taxes on food over a four-year period by reducing the rates by one percentage point per year beginning September 1, 2015</p><p class="bill_entitled_an_act"> To phase out the state sales and use taxes on food by reducing the rates by one percentage point per year beginning September 1, 2015 and to exempt sales of food from the sales and use taxes beginning September 1, 2018. </p>

Subjects

Taxation