SB120 Alabama 2017 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2017
Title
Sales and use tax, exemptions, standardized, certain sales and use tax exemptions, provided, Secs. 40-23-4, 40-23-62 am'd.
Description
<p class="bill_description"> Under current law, sales tax exemptions and
use tax exemptions are not consistent with each
other. This bill standardizes sales and use tax
exemptions in order to provide uniformity for
taxpayers by aligning current exemptions and
incorporating certain sales tax exemptions into the
use tax law. This bill codifies existing case law
regarding the sales and use tax exemption for gross
receipts received by a learned professional, and
provides that a party making sales of photographs
and commissioned portraits made prior to October 1,
2017, is not required to remit sales or use tax
unless it was collected from the purchaser</p><p class="bill_entitled_an_act"> To amend Sections 40-23-4, Code of Alabama 1975, to
provide an exemption for gross receipts occurring from the
business of a learned professional; and to amend Section
40-23-62, Code of Alabama 1975; relating to exemptions from
use tax.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 7, 2017 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 22, 2017 | Room 727 **PUBLIC HEARING & VOTE** at 10:30 | Senate F&TE Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB120 Alabama 2017 Session - Introduced |