SB256 Alabama 2015 Session

Summary

Primary Sponsor

Bill Holtzclaw

Republican

Session

Regular Session 2015

Title

Taxation, organizations that receive exemption from sales and use tax because of specific legislation shall file annually certain information to the Department of Revenue, Department of Revenue to promulgate rules

Description

Under existing law, each organization that receives an exemption from sales and use taxes because of specific legislation is not required to file certain information to the Department of Revenue.

This bill would require each organization that receives an exemption from sales and use taxes because of specific legislation to annually file certain information to the Department of Revenue.

This bill would provide that a failure to file a report shall result in the suspension of the tax exemption status for the preceding year.

This bill would require the Department of Revenue to promulgate rules necessary to enforce this act.

Show more Show less

Subjects

Taxation