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
<p class="bill_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</p><p class="bill_entitled_an_act"> 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.
</p>
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 |