SB288 Alabama 2021 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2021
Title
Municipalities, business license tax on gross receipts, gross receipts not to include any other taxes on gasoline or motor fuels, Sec. 11-51-90.1 am'd.
Description
<p class="bill_description"> Under existing law, a municipality may
require a business to obtain a local business
license that is based on gross receipts</p><p class="bill_description">
This bill would allow any business paying a
municipal business license based on gross receipts
to deduct from gross receipts any excise tax
imposed by the federal, state, and local
governments</p><p class="bill_entitled_an_act"> Relating to municipalities; to amend Section
11-51-90.1, Code of Alabama 1975, relating to the municipal
business license tax; to specify that the definition of gross
receipts does not include any excise tax imposed by the
federal, state, and local governments.
</p>
Subjects
Municipalities
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 2, 2021 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB288 Alabama 2021 Session - Introduced |