SB67 Alabama 2018 Session

Updated Feb 26, 2026

Low Interest

Summary

Primary Sponsor: Paul Bussman
Republican
Session: Regular Session 2018
Title: Pharmaceutical Services Providers, supplemental privilege tax, authorized to petition Dept. of Revenue for direct refund of certain overpayments, Sec. 40-26B-9 am'd.
Summary: SB 67 lets pharmaceutical service providers with unused supplemental privilege tax credits receive a cash refund from the Department of Revenue if they petition, starting October 1, 2018.
What This Bill Does
The bill amends Section 40-26B-9 to switch from using credits against future taxes to issuing cash refunds for unused credits after October 1, 2018. Refunds are given upon petition to the Department of Revenue and are issued without interest. The petition must be filed by October 1, 2020, and the department must establish procedures to implement the refund process.

Who It Affects
Pharmaceutical service providers that collected and remitted the supplemental privilege tax and still have unused credits after October 1, 2018 (eligible for a cash refund).
Department of Revenue (Alabama) which will process refund petitions and establish procedures to implement the refund.

Key Provisions
Authorized refunds of unused supplemental privilege tax credits for pharmaceutical service providers, upon petition to the Department of Revenue, effective on or after October 1, 2018; refunds issued without interest; petition due by October 1, 2020; department to establish procedures.
Continuation of the existing credit mechanism: credits earned prior to or under the pre-August 30, 2016 framework are applied as monthly credits against future taxes due after October 1, 2016, continuing until the credits are fully used through September 20, 2018.

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