HB625 Alabama 2021 Session
Summary
- Primary Sponsor
-
David Faulkner RepresentativeRepublican - Co-Sponsors
- Dickie DrakeDanny GarrettVictor Gaston
- Session
- Regular Session 2021
- Title
- Taxation, Community Foundation of South Alabama, Community Foundation of West Alabama, Black Belt Community Foundation, Community Foundation of Northeast Alabama, Community Foundation of Greater Birmingham, Community Foundation of Greater Huntsville, Community Foundation of Greater Decatur, Limestone Area Community Foundation, Central Alabama Community Foundation, Autauga Area Community Foundation, Elmore County Community Foundation, Southeast Alabama Community Foundation, Community Foundation of East Alabama, and Walker Area Community Foundation exempt from state, county, and municipal sale and use taxes
- Description
Under existing law, the state imposes sales and use taxes upon certain persons, firms, or corporations. The amount of the taxes range from one and one-half to four percent of the gross proceeds of the sale or consumption of various types of tangible personal property. The state also imposes a sales tax on the operation of places of amusement or entertainment. Counties and municipalities impose various additional sales and use taxes. Certain entities are exempted from state, county, or local sales and use taxes.
This bill would exempt the Community Foundation of South Alabama, the Community Foundation of West Alabama, the Black Belt Community Foundation, the Community Foundation of Northeast Alabama, the Community Foundation of Greater Birmingham, the Community Foundation of Greater Huntsville, the Community Foundation of Greater Decatur, the Limestone Area Community Foundation, the Central Alabama Community Foundation, the Autauga Area Community Foundation, the Elmore County Community Foundation, the Southeast Alabama Community Foundation, the Community Foundation of East Alabama, and the Walker Area Community Foundation, from any state, county, and municipal sales and use taxes.
- Subjects
- Taxation
Bill Actions
Faulkner motion to Indefinitely Postpone adopted Voice Vote
Ways and Means Education Amendment #2 Offered
Ways and Means Education Amendment #1 Offered
Third Reading Indefinitely Postponed
Read for the second time and placed on the calendar 2 amendments
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Bill Text
Documents
Source: Alabama Legislature