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AL HB36

AL HB36
Simplified sellers use tax, additional tax levied, distribution of proceeds provided


summary

Introduced
02/04/2025
In Committee
02/04/2025
Crossed Over
Passed
Dead
05/14/2025

Introduced Session

2025 Regular Session

Bill Summary

Simplified sellers use tax, additional tax levied, distribution of proceeds provided

AI Summary

This bill amends the existing law in Alabama to simplify the sellers use tax. It maintains the existing 8% simplified sellers use tax, but adds an additional 1.25% simplified sellers use tax that will be distributed to local boards of education. The bill also modifies the distribution of the proceeds from the simplified sellers use tax, with 50% going to the state's general fund and education trust fund, and the remaining 50% being distributed to municipalities and counties based on population. Additionally, the bill allows for monthly distributions of the tax proceeds to counties, municipalities, and local boards of education.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Pending House Ways and Means General Fund (on 02/04/2025)

bill text


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