HB299 Alabama 2018 Session

Sponsors

Session

Regular Session 2018

Title

Pharmaceutical Services Providers, may petition Dept. of Revenue for direct refund of overpayment of supplemental privilege tax, Sec. 40-26B-9 am'd.

Description

<p class="bill_description"> Existing law provides for a refund to pharmaceutical service providers for overpayment of the supplemental privilege tax on pharmaceutical services paid by those providers in the form of a credit against future taxes</p><p class="bill_description"> This bill would authorize the Department of Revenue, upon petition by a pharmaceutical service provider who is entitled to a credit of the supplemental privilege tax on pharmaceutical services and has unused credit remaining after October 1, 2018, to refund the provider the remaining credit</p><p class="bill_entitled_an_act"> Relating to the supplemental privilege tax on pharmaceutical services; to amend Section 40-26B-9, Code of Alabama 1975, to authorize the Department of Revenue, upon petition by a pharmaceutical service provider who is entitled to a credit of the supplemental privilege tax on pharmaceutical services and has unused credit remaining after October 1, 2018, to refund the provider the remaining credit. </p>

Subjects

Pharmacies and Pharmacists