HB77 Alabama 2023 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2023
Title
Relating to sales tax; to amend Section 40-23-7, as last amended by Section 5 of Act 2022-53 of the 2022 Regular Session, Code of Alabama 1975, to provide for an increase in the amount of the average monthly sales tax liability for required estimated payments.
Description
<p class="bill_description">
Under existing law, a sales tax licensee whose
average monthly state sales tax liability was $5,000 or
greater during the preceding calendar year is required
to make estimated payments</p><p class="bill_description"> This bill would increase the average monthly
state sales tax liability threshold calculation to
$20,000 or greater during the preceding calendar year
for required estimated payments</p><p class="bill_entitled_an_act"> Relating to sales tax; to amend Section 40-23-7, as
last amended by Section 5 of Act 2022-53 of the 2022 Regular
Session, Code of Alabama 1975, to provide for an increase in
the amount of the average monthly sales tax liability for
required estimated payments.
</p>
Subjects
Sales tax; threshold for state sales tax liability requiring monthly estimated payments increased
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 22, 2023 | H | Read Second Time in House of Origin |
| March 22, 2023 | H | Reported Out of Committee in House of Origin |
| March 22, 2023 | H | Reported Favorably from House Ways and Means Education |
| March 7, 2023 | H | Introduced and Referred to House Ways and Means Education |
| March 7, 2023 | H | Read First Time in House of Origin |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 22, 2023 | Room 200 at 09:00 | House Ways and Means Education Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB77 Alabama 2023 Session - Introduced |
| Fiscal Note | Fiscal Note - As Introduced |