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Bill > SB309


AL SB309

AL SB309
Relating to sales taxes; to provide for the additional state sales tax rate in ABC retail stores.


summary

Introduced
04/09/2024
In Committee
04/30/2024
Crossed Over
Passed
05/02/2024
Dead
Signed/Enacted/Adopted
05/09/2024

Introduced Session

Regular Session 2024

Bill Summary

Relating to sales taxes; to provide for the additional state sales tax rate in ABC retail stores.

AI Summary

This bill amends the existing Alabama law to provide for an additional state sales tax on the retail sale of alcoholic beverages at Alcoholic Beverage Control (ABC) Board stores. The additional tax rate will be equal to the combined county and municipal general sales tax rates where the transaction occurs, applied to the retail price of the alcoholic beverages. The Department of Revenue will collect the tax and redistribute the proceeds to the respective localities, minus any reasonable charges incurred by the department in handling the taxes. The bill will become effective on October 1, 2024.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (1)

Last Action

Enacted (on 05/09/2024)

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