HB299 Alabama 2018 Session

Updated Feb 26, 2026

Low Interest

Summary

Primary Sponsor: Elaine Beech
Democrat
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.
Summary: Allows pharmaceutical service providers with unused credits from the supplemental privilege tax to obtain a direct refund from the Department of Revenue by petition.
What This Bill Does
The bill amends the tax law so providers who have remaining unused credits after October 1, 2018 can request a refund of those credits instead of only applying them to future taxes. Refunds are provided upon petition to the Department of Revenue and must be requested by October 1, 2020. The refund is issued without interest, and the department will establish procedures to carry out the refund process. Previously, credits were applied monthly to reduce future tax payments until fully used by September 20, 2018.

Who It Affects
Pharmaceutical service providers that collected and remitted the supplemental privilege tax and have unused credits after October 1, 2018.
Alabama Department of Revenue, which would process refunds and establish procedures to implement the new rule.

Key Provisions
Allows the Department of Revenue to refund the remaining unused credit to a qualifying provider upon petition.
Requires petitions to be filed no later than October 1, 2020.
Refunds are issued without interest.
The department must establish procedures to implement the refund process.
Amends Section 40-26B-9 to reflect these changes; act becomes effective immediately after governor's approval.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Pharmacies and Pharmacists