SB295 Alabama 2020 Session

Under current law, airport authorities are exempt from certain taxes

Also under current law, certain governmental entities that are otherwise sales and use tax exempt may be issued certificates of exemption from sales and use taxes on certain projects. A sales and use tax exemption certificate may be issued to certain contractors and subcontractors working on these projects

Also under current law, certain governmental entities that are otherwise exempt from sales, use, or lodgings tax are required to annually obtain a certificate of exemption

This bill would exempt airport authorities from paying sales and use taxes

Also, this bill would include airport authorities in the list of governmental entities that may be issued a certificate of exemption from sales and use taxes on certain projects and in the list of governmental entities that shall obtain an annual certificate of exemption

To amend Sections 40-9-14.1 and 40-9-60, Code of Alabama 1975, relating to the tax exemption of airport authorities and certificates of exemption to governmental entities, contractors, etc. for certain tax exempt projects; to exempt airport authorities from sales and use taxes; to include airport authorities among those tax exempt entities that may receive tax exemption certificates for certain projects; and to include airport authorities among those that shall obtain an annual certificate of exemption.