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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2019 Alabama Legislative Regular Session
  5. 2019 Alabama Senate Bills
  6. SB416 Alabama 2019 Session

SB416 Alabama 2019 Session

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Bill Summary

Sponsors
  • Jim McClendon
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

To add Section 40-9-25.23 to the Code of Alabama 1975, relating to the International Speedway Corporation, to 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 to provide an exemption from ad valorem tax for the Talladega Superspeedway motorsports park property.

Subjects
Taxation

Bill Actions

Action DateChamberAction
May 23, 2019HRead for the first time and referred to the House of Representatives committee on Ways and Means Education
May 23, 2019SEngrossed
May 23, 2019SMotion to Read a Third Time and Pass adopted Roll Call 1080
May 23, 2019SOrr motion to Adopt adopted Roll Call 1079
May 23, 2019SOrr Amendment Offered
May 23, 2019SMcClendon motion to Adopt adopted Roll Call 1078
May 23, 2019STourism Amendment Offered
May 23, 2019SThird Reading Passed
May 21, 2019SRead for the second time and placed on the calendar 1 amendment
May 16, 2019SRead for the first time and referred to the Senate committee on Tourism

Bill Calendar

TypeDateLocationDescription
HearingMay 21, 2019Room 825 at 14:30Senate TM Hearing

Bill Text

Download SB416 Alabama 2019 Session PDF

Bill Votes

Motion to Read a Third Time and Pass
2019-05-23
Chamber: Senate
Result: Passed
Orr motion to Adopt
2019-05-23
Chamber: Senate
Result: Passed
McClendon motion to Adopt
2019-05-23
Chamber: Senate
Result: Passed

Bill Documents

TypeLink
Bill Text SB416 Alabama 2019 Session - Engrossed
Bill Text SB416 Alabama 2019 Session - Introduced
Bill Amendments Senate Tourism first Amendment Offered
Bill Amendments Senate Orr Amendment Offered
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