SB475 Alabama 2015 Session
Bill Summary
Currently, the State of Alabama levies a tax on contractors’ gross receipts. Exemptions to this tax include gross receipts from contracts made by the contractor with a county, incorporated city, or town, unless the State of Alabama is a joint party, and the additional gross receipts received by the contractor under contractual escalation provisions allowing for an increase in the contract price for escalation in construction costs.
This bill will remove the exemption of gross receipts from contracts made by the contractor with a county, incorporated city, or town from the tax levied on contractors’ gross receipts. This bill will provide further for the distribution of the proceeds from the tax levied on contractors’ gross receipts.
To amend Section 40-23-50, Code of Alabama 1975, to remove the exemption of gross receipts from contracts made by the contractor with a county, incorporated city, or town from the tax levied on contractors’ gross receipts and provide further for the distribution of the proceeds from the tax levied on contractors’ gross receipts.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| June 3, 2015 | H | Pending third reading on day 29 Favorable from Ways and Means Education |
| June 3, 2015 | H | Read for the second time and placed on the calendar |
| May 28, 2015 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
| May 28, 2015 | S | Engrossed |
| May 26, 2015 | S | Motion to Read a Third Time and Pass adopted Roll Call 1214 |
| May 26, 2015 | S | Pittman motion to Adopt adopted Roll Call 1213 |
| May 26, 2015 | S | Fiscal Responsibility and Economic Development Amendment Offered |
| May 26, 2015 | S | Third Reading Passed |
| May 21, 2015 | S | Read for the second time and placed on the calendar 1 amendment |
| May 14, 2015 | S | Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB475 Alabama 2015 Session - Engrossed |
| Bill Text | SB475 Alabama 2015 Session - Introduced |
Source: Alabama Legislature