SB242 Alabama 2016 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Sales and use taxes, application of taxes, wholesale sale, definition amended to require component to become part of finished product, definition of tangible personal property and digital goods included, including electronic data, digital products or services, Secs. 40-23-1, 40-23-2, 40-23-60, 40-23-61 am'd.
Description
This bill updates the sales and use tax laws to provide for definitions of tangible personal property and digital goods. This bill also amends the definition of a wholesale sale to add clarification and consistency to the sales and use tax code
Relating to sales and use tax definitions; to amend Sections 40-23-1, 40-23-2, 40-23-60, and 40-23-61 of the Code of Alabama 1975, to add and update definitions.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 16, 2016 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 9, 2016 | Room 727 ***PUBLIC HEARING & VOTE*** at 10:30 | Senate F&TE Hearing |
| Hearing | March 2, 2016 | Room 727 **PUBLIC HEARING & VOTE** at 10:30 | Senate F&TE Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB242 Alabama 2016 Session - Introduced |