HB10 Alabama 2022 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Taxation, commercial fishing, ad valorem tax exemption for vessels and equipment, sales and use taxes exemption for bait, levy of excise tax at a rate differential of one and one-half percent on purchase and storage of vessels and machinery used for commercial fishing, Secs. 40-9-1, 40-23-1, 40-23-4, 40-23-37, 40-23-60, 40-23-63 am'd.
Description
<p class="bill_description"> Under existing law, all vessels and
equipment thereon, used predominantly in the
business of commercial shrimping, are exempt from
ad valorem tax. This bill would exempt all business
of commercial fishing from ad valorem tax</p><p class="bill_description">
Under existing law, the sale of commercial
fishing vessels and machinery and the materials and
equipment used by commercial fishermen to capture
or attempt to capture fish or other seafood are not
exempt from sales and use tax. This bill would
create a sales and use tax rate differential of one
and one-half percent for the purchase and storage
of all vessels and machinery used in the process of
commercial fishing. This bill would also exempt
bait and all materials and equipment used in the
process of commercial fishing from sales and use
tax</p><p class="bill_description">
This bill would also define commercial
fishing and commercial fishing vessels for the
purpose of ad valorem taxation and sale and use
taxation</p><p class="bill_entitled_an_act"> Relating to ad valorem tax; to amend Section 40-9-1
of the Code of Alabama 1975, to exempt all commercial fishing
vessels and equipment from ad valorem taxation; relating to
sales and use tax; to amend Sections 40-23-1, 40-23-4, as last
amended by Act 2019-444, 2019 Regular Session, 40-23-37,
40-23-60, and 40-23-63 of the Code of Alabama 1975, to provide
for an exemption for bait and all materials and equipment used
by commercial fishermen; and to levy a rate differential of
one and one-half percent on the purchase and storage of
vessels and machinery used for commercial fishing.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 29, 2022 | H | Delivered to Governor at 3:34 p.m. on March 29, 2022. |
| March 29, 2022 | H | Assigned Act No. 2022-199. |
| March 29, 2022 | H | Clerk of the House Certification |
| March 29, 2022 | S | Signature Requested |
| March 17, 2022 | H | Enrolled |
| March 17, 2022 | S | Motion to Read a Third Time and Pass adopted Roll Call 688 |
| March 17, 2022 | H | Passed Second House |
| March 17, 2022 | S | Third Reading Passed |
| February 23, 2022 | S | Read for the second time and placed on the calendar |
| February 3, 2022 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
| February 3, 2022 | H | Engrossed |
| February 3, 2022 | H | Pringle intended to vote Yea |
| February 3, 2022 | H | Motion to Read a Third Time and Pass adopted Roll Call 34 |
| February 3, 2022 | H | Motion to Adopt adopted Roll Call 33 |
| February 3, 2022 | H | Ways and Means General Fund Amendment Offered |
| February 3, 2022 | H | Third Reading Passed |
| February 2, 2022 | H | Read for the second time and placed on the calendar 1 amendment |
| January 11, 2022 | 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 | February 23, 2022 | Room 825 at 10:30 | Senate F&TG Hearing |
| Hearing | February 2, 2022 | Room 617 at 13:30 | House W&MGF Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB10 Alabama 2022 Session - Introduced |
| Bill Text | HB10 Alabama 2022 Session - Engrossed |
| Bill Text | HB10 Alabama 2022 Session - Enrolled |
| Bill Amendments | House Ways and Means General Fund first Amendment Offered |
| Fiscal Note | Fiscal Note - HB10 for Ways and Means General Fund |
| Fiscal Note | Fiscal Note - HB10 for Ways and Means General Fund |
| Fiscal Note | Fiscal Note - HB10 for Finance and Taxation General Fund |
| Fiscal Note | Fiscal Note - HB10 for |