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Bill > SB109


AL SB109

AL SB109
Taxes, sales and use, Simplified Sellers Use Tax, discount, limited to certain amount per month, Sec. 40-23-194 am'd.


summary

Introduced
02/07/2017
In Committee
02/07/2017
Crossed Over
Passed
Dead
05/19/2017

Introduced Session

Regular Session 2017

Bill Summary

Taxes, sales and use, Simplified Sellers Use Tax, discount, limited to certain amount per month, Sec. 40-23-194 am'd.

AI Summary

This bill amends Section 40-23-194 of the Code of Alabama 1975 to limit the discount that eligible sellers can deduct and retain from the Simplified Sellers Use Tax (SSUT) to a maximum of $400 per month. The SSUT is a tax collected by certain out-of-state sellers on sales made to Alabama residents. This bill aims to cap the discount that these sellers can claim when remitting the collected tax to the state in a timely manner.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Indefinitely Postponed (on 05/17/2017)

bill text


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