SB165 Alabama 2017 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2017
Title
Agricultural equipment and machinery, sales and use tax exempt, Sec. 40-23-38, 40-23-64 repealed; Sec. 40-23-37, 40-23-63 am'd.
Description
<p class="bill_description"> Under existing law, a sales and use tax of
1.5 percent is levied by the state on the sale or
the use of agricultural machinery and equipment</p><p class="bill_description">
This bill would provide that the sale or the
use of agricultural machinery and equipment would
be exempt from state sales or use tax. The
exemptions would be phased in over a three-year
period</p><p class="bill_entitled_an_act"> Relating to agriculture; to amend Sections 40-23-37
and 40-23-63 of the Code of Alabama 1975, to provide that the
sale or the use, storage, and consumption of agricultural
machinery and equipment for use on a farm would be exempt from
state sales and use tax; to provide that the exemptions would
be phased in over a three-year period; and to repeal Sections
40-23-38 and 40-23-64 of the Code of Alabama 1975, relating to
the administration of sales and use tax on agricultural
machinery and equipment.
</p>
Subjects
Agriculture
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 17, 2017 | S | Indefinitely Postponed |
| March 9, 2017 | S | Pending third reading on day 11 Favorable from Finance and Taxation Education with 1 substitute |
| March 9, 2017 | S | Read for the second time and placed on the calendar with 1 substitute and |
| February 9, 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 | March 8, 2017 | Room 727 **Public Hearing & Vote** at 10:30 | Senate F&TE Public Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB165 Alabama 2017 Session - Introduced |
| Bill Amendments | Senate Finance and Taxation Education first Substitute Offered |