HB14 Alabama 2021 Session

Sponsors

Session

Regular Session 2021

Title

Airport authorities, sales and use tax exemption, issuance of certificate of exemptions by Revenue Dept., Secs. 40-9-14.1, 40-9-60 am'd.

Description

<p class="bill_description"> Under current law, airport authorities are exempt from certain taxes</p><p class="bill_description"> 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</p><p class="bill_description"> 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</p><p class="bill_description"> This bill would exempt airport authorities from paying sales and use taxes</p><p class="bill_description"> 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</p><p class="bill_entitled_an_act"> 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. </p>

Subjects

Taxation