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
Under existing law, prescription drugs are exempt from sales tax
This bill would provide that prescription drugs would be exempt from business license taxes based on gross receipts
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.
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 |