HB162 Alabama 2021 Session
Bill Summary
This bill would provide for a lease tax exemption for a lease transaction that lasts for a period of at least 180 days and involves certain entities
This bill would also remove a restriction that a lessor may not pass a lease tax on to a lessee except under certain circumstances
This bill would also make nonsubstantive, technical revisions to update the existing code language to current style
Relating to lease tax exemptions; to amend Section 40-12-222, as last amended by Act 2019-89, 2019 Regular Session, and Section 40-12-223, Code of Alabama 1975; to remove the restriction that a lessor may not pass a lease tax on to a lessee except under certain circumstances; to provide a lease exemption for a lease transaction that lasts for a period of at least 180 days and involves certain entities; and to make nonsubstantive, technical revisions to update the existing code language to current style.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 7, 2021 | H | Delivered to Governor at 2:45 p.m. on April 7, 2021. |
| April 7, 2021 | H | Assigned Act No. 2021-221. |
| April 7, 2021 | H | Clerk of the House Certification |
| April 7, 2021 | S | Signature Requested |
| April 6, 2021 | H | Enrolled |
| April 6, 2021 | H | Passed Second House |
| April 6, 2021 | S | Motion to Read a Third Time and Pass adopted Roll Call 801 |
| April 6, 2021 | S | Third Reading Passed |
| March 3, 2021 | S | Read for the second time and placed on the calendar |
| February 23, 2021 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
| February 23, 2021 | H | Motion to Read a Third Time and Pass adopted Roll Call 103 |
| February 23, 2021 | H | Third Reading Passed |
| February 3, 2021 | H | Read for the second time and placed on the calendar |
| February 2, 2021 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 3, 2021 | Room 825 at 14:00 | Senate F&TG Hearing |
| Hearing | February 3, 2021 | Room 617-AMENDED 2-2-21 at 13:30 | House W&MGF Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB162 Alabama 2021 Session - Enrolled |
| Bill Text | HB162 Alabama 2021 Session - Introduced |
| Fiscal Note | Fiscal Note - HB162 for Ways and Means General Fund |
| Fiscal Note | Fiscal Note - HB162 for Finance and Taxation General Fund |