SB2 Alabama 2013 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2013
Title
Sales tax, estimated payments, average monthly tax liability threshold increased, Sec. 40-23-7 am'd.
Description
Under existing law, any taxpayer liable for the payment of state sales taxes whose average monthly tax liability was $1,000 or greater during the preceding calendar year must make estimated monthly payments to the Department of Revenue based on the actual tax liability for the same calendar month of the preceding year
This bill would increase the average monthly tax liability threshold for a taxpayer to be required to make estimated payments to $2,500 or greater
To amend Section 40-23-7, Code of Alabama 1975, regarding the collection of state sales taxes, to increase the average monthly tax liability for a taxpayer to be required to make estimated state sales tax payments from $1,000 or greater to $2,500 or greater.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 7, 2013 | S | Finance and Taxation Education first Amendment Offered |
| May 7, 2013 | S | Indefinitely Postponed |
| February 7, 2013 | S | Read for the second time and placed on the calendar 1 amendment |
| February 5, 2013 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB2 Alabama 2013 Session - Introduced |