SB467 Alabama 2015 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2015
Title
Uniform Severance Tax Act, exception for minerals severed in Alabama, sold to buyer in another state, and not transported on public roads in Alabama deleted, Sec. 40-13-53 am'd.
Description
Under existing law, the Alabama Uniform Severance Tax Act provides for the taxation of materials severed from the ground in this state.
This bill would remove the exception from the tax for certain minerals that are severed from the ground in this state, sold to a purchaser for use in another state, and not transported on public roads in Alabama.
To amend Section 40-13-53, Code of Alabama 1975, relating to the Alabama Uniform Severance Tax Act; to remove the exception from the tax for certain minerals that are severed from the ground in this state, sold to a purchaser for use in another state, and not transported on public roads in Alabama.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 7, 2015 | S | Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB467 Alabama 2015 Session - Introduced |
Source: Alabama Legislature