HB19 Alabama 2018 Session

Updated Apr 26, 2021

House Bill

Expired

Current Status

Regular Session 2018

Session

1

Sponsor

Summary

Primary Sponsor: Ron Johnson
Republican
Session: Regular Session 2018
Title: Sales and use taxes, exemption for sales of gold bullions, money, etc, Secs. 40-23-4, 40-23-62 am'd.
Description: Currently, sales and use tax is imposed on the gross proceeds from the sale of gold, silver, platinum, and palladium bullion, and money.
This bill will exempt the gross proceeds from the sale of gold, silver, platinum, and palladium bullion, and money from the sales and use tax in the state for five years.
Subjects: Taxation

Pending third reading on day 7 Favorable from Ways and Means Education with 1 amendment

Ways and Means Education first Amendment Offered

Read for the second time and placed on the calendar 1 amendment

Read for the first time and referred to the House of Representatives committee on Ways and Means Education