HB698 Alabama 2015 Session

Summary

Primary Sponsor

Elaine Beech

Democrat

Session

Regular Session 2015

Title

Prescriptions, privilege tax on pharmaceutical service providers, minimum amount requirement removed, Secs. 40-26B-2 am'd.

Summary

HB698 would raise the privilege tax on providers of pharmaceutical services from 10 cents to 25 cents per prescription filled or refilled for Alabama citizens.

What This Bill Does

It increases the per-prescription privilege tax rate from 10 cents to 25 cents for each prescription filled or refilled for an Alabama citizen. The tax is charged to providers of pharmaceutical services and is in addition to all other taxes. There are exemptions for pharmacies serving hospital inpatients or pharmacies owned or operated by the State of Alabama or an agency thereof. The act becomes effective immediately after passage and governor approval.

Who It Affects

• Providers of pharmaceutical services (e.g., pharmacies) would owe a higher tax per prescription for Alabama citizens.
• Alabama citizens who receive prescriptions (the tax is charged via the providers when filling their prescriptions).
• Pharmacies serving hospital inpatients or pharmacies owned or operated by the State of Alabama or its agencies are exempt from the tax.

Key Provisions

• Amends Section 40-26B-2 to set the privilege tax at 25 cents per prescription filled or refilled for a citizen of Alabama (up from 10 cents).
• Exempts pharmacies serving hospital inpatients or pharmacies owned or operated by the State of Alabama or an agency thereof from the tax.
• Tax is in addition to all other taxes now imposed by law.
• Becomes effective immediately following passage and Governor's approval.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Taxation