SB416 Alabama 2019 Session
Summary
- Primary Sponsor
-
Jim McClendonRepublican - Session
- Regular Session 2019
- Title
- Talladega Superspeedway, International Speedway Corp., sales and use tax exemption for purchases of construction materials related to and ad valorem tax exemption on real and personal property, Sec. 40-9-25.23 added
- Description
The bill would exempt the International Speedway Corporation and its affiliates and contractors from the payment of state, county, and city sales and use taxes on purchases of construction material for capital improvements, refurbishment, or repairs at the Talladega Superspeedway motorsports park property and would exempt the Talladega Superspeedway motorsports park property from ad valorem tax.
- Subjects
- Taxation
Bill Actions
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 1080
Orr motion to Adopt adopted Roll Call 1079
Orr Amendment Offered
McClendon motion to Adopt adopted Roll Call 1078
Tourism Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the Senate committee on Tourism
Bill Text
Votes
McClendon motion to Adopt
Motion to Read a Third Time and Pass
Documents
Source: Alabama Legislature