SB329 Alabama 2016 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Drugs, prescription, exempt from business license tax based on gross receipts, Sec. 40-23-4.1 am'd.
Description
<p class="bill_description"> Under existing law, prescription drugs are
exempt from sales tax</p><p class="bill_description">
This bill would provide that prescription
drugs would be exempt from business license taxes
based on gross receipts</p><p class="bill_entitled_an_act"> To amend Section 40-23-4.1 of the Code of Alabama
1975, providing that certain drugs are exempt from gross sales
tax, to include an exemption from business license taxes based
on gross receipts.
</p>
Subjects
Prescription Drugs
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 28, 2016 | S | Indefinitely Postponed |
| March 23, 2016 | S | Read for the second time and placed on the calendar |
| March 8, 2016 | S | Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 12, 2016 | Room 727 at 13:45 | Senate RULES Hearing |
| Hearing | March 23, 2016 | Room 727 ** Time Change ** at 10:00 | Senate FR&ED Hearing |
| Hearing | March 23, 2016 | Room 727 at 12:00 | Senate FR&ED Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB329 Alabama 2016 Session - Introduced |