HB238 Alabama 2017 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2017
Title
Taxation, sales and use tax exemptions, exempt proceeds from sale of gold, silver, and platinum bullion and coins, Secs. 40-23-4, 40-23-62 am'd.
Description
Currently, the State of Alabama imposes a sales and use tax on the gross proceeds from the sale of gold, silver, and platinum bullion and coins
This bill will exempt the gross proceeds from the sale of gold, silver, and platinum bullion and coins from sales and use tax in the state
To amend Sections 40-23-4 and 40-23-62, Code of Alabama 1975, relating to sales and use tax exemptions, to exempt the gross proceeds from the sales of gold, silver, and platinum bullion and coins from sales and use tax.
Subjects
Sales and Use Tax
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 17, 2017 | H | Indefinitely Postponed |
| April 6, 2017 | H | Pending third reading on day 16 Favorable from Ways and Means Education with 1 substitute and 1 amendment |
| April 6, 2017 | H | Ways and Means Education first Substitute Offered |
| April 6, 2017 | H | Read for the second time and placed on the calendar with 1 substitute and 1 amendment |
| February 16, 2017 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 5, 2017 | Room 200 at 09:00 | House W&ME Hearing |
| Hearing | March 15, 2017 | Room 200 at 09:00 | House W&ME Public Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB238 Alabama 2017 Session - Introduced |
| Bill Amendments | House Ways and Means Education first Amendment Offered |
| Bill Amendments | House Ways and Means Education first Substitute Offered |