SB245 Alabama 2015 Session

In Committee

Bill Summary

Sponsors

Arthur Orr

Session

Regular Session 2015

Title

Sales tax, entities exempt required to initially pay sales tax and later seek refund of exempted state tax amounts, Department of Revenue authorized to promulgate rules

Description

Currently, entities which are exempt from the payment of the state of Alabama sales tax receive exemption from the state of Alabama sales tax at purchase. Also, entities that are exempt from the payment of the state of Alabama sales tax are not required to submit an annual return with the Department of Revenue providing information regarding exempt purchases.

This bill would require entities that are exempt from the payment of the state of Alabama sales tax to pay the state of Alabama sales tax at time of purchase and allow such entities to file an annual return with the Department of Revenue to receive a refund of only the state of Alabama sales tax eligible for exemption.

To require all entities exempt from payment of the state of Alabama sales tax to pay the state of Alabama sales tax at time of purchase; to allow all entities exempt from payment of the state of Alabama sales tax to file an annual return to the Department of Revenue; to require the Department of Revenue to promulgate rules; and to provide an effective date.

Subjects

Tax Exemptions

Bill Actions

Action Date	Chamber	Action
April 14, 2015	S	Orr motion to Rerefer a Bill adopted Voice Vote
April 14, 2015	S	Referred to Committee
March 17, 2015	S	Read for the first time and referred to the Senate committee on Finance and Taxation General Fund

Bill Text

Download SB245 Alabama 2015 Session PDF

Bill Documents