SB6 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Entities, dormant, exempt from business privilege tax, Sec. 40-14A-44 added
Description
Under existing law, the state levies a privilege tax on every entity doing business in Alabama or organized, incorporated, qualified, or registered under the laws of Alabama. Certain entities are exempt from the tax
This bill would add Section 40-14A-44 to the Code of Alabama 1975, to exempt certain dormant entities from the privilege tax
To add Section 40-14A-44 to the Code of Alabama 1975, to exempt dormant entities from the business privilege tax.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 14, 2014 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB6 Alabama 2014 Session - Introduced |