SB13 Alabama 2022 Session

Updated Apr 14, 2022

SB13 Alabama 2022 Session

Senate Bill

Enacted

Current Status

Regular Session 2022

Session

1

Sponsor

Summary

Primary Sponsor: Tim Melson Senator
Republican
Session: Regular Session 2022
Title: Taxation, sales and use tax exemptions for bullion, bullion defined further, sales and use tax exemption extended, reporting requirements waived for certain recipients of tax exemption, Sec. 40-9-61, 40-23-4 am'd.
Description: Under existing law, the sale of gold, silver, platinum, and palladium bullion, or money is exempt from sales and use tax until June 1, 2023.
Also under existing law, entities receiving the tax exemption are required to report certain information to the Department of Revenue.
This bill would amend the definition of bullion, would extend the expiration date for the sales and use tax exemption, and repeal the reporting requirements.
Subjects: Bullion

Bill Actions

Finance and Taxation Education first Amendment Offered

Assigned Act No. 2022-373.

Signature Requested

Enrolled

Concurred in Second House Amendment

Melson motion to Concur In and Adopt adopted Roll Call 1061

Concurrence Requested

Motion to Read a Third Time and Pass adopted Roll Call 949

Motion to Adopt adopted Roll Call 948

Kiel Amendment Offered

Third Reading Passed

Read for the second time and placed on the calendar

Read for the first time and referred to the House of Representatives committee on Ways and Means Education

Motion to Read a Third Time and Pass adopted Roll Call 379

Melson motion to Table adopted Voice Vote

Finance and Taxation Education Amendment Offered

Third Reading Passed

Read for the second time and placed on the calendar 1 amendment

Read for the first time and referred to the Senate committee on Finance and Taxation Education

Bill Text

Download Enrolled PDF

Votes

Yes 29

Absent 6

Yes 28

Absent 7

Yes 100

Abstained 1

Absent 1

Yes 97

Abstained 1

Absent 4

Yes 27

Absent 8

Documents

Bill Text (Enrolled) SB13 Alabama 2022 Session - Enrolled

Bill Text (Introduced) SB13 Alabama 2022 Session - Introduced

Source: Alabama Legislature