SB165 Alabama 2017 Session
Bill Summary
Under existing law, a sales and use tax of 1.5 percent is levied by the state on the sale or the use of agricultural machinery and equipment
This bill would provide that the sale or the use of agricultural machinery and equipment would be exempt from state sales or use tax. The exemptions would be phased in over a three-year period
Relating to agriculture; to amend Sections 40-23-37 and 40-23-63 of the Code of Alabama 1975, to provide that the sale or the use, storage, and consumption of agricultural machinery and equipment for use on a farm would be exempt from state sales and use tax; to provide that the exemptions would be phased in over a three-year period; and to repeal Sections 40-23-38 and 40-23-64 of the Code of Alabama 1975, relating to the administration of sales and use tax on agricultural machinery and equipment.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 17, 2017 | S | Indefinitely Postponed |
| March 9, 2017 | S | Pending third reading on day 11 Favorable from Finance and Taxation Education with 1 substitute |
| March 9, 2017 | S | Read for the second time and placed on the calendar with 1 substitute and |
| February 9, 2017 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 8, 2017 | Room 727 **Public Hearing & Vote** at 10:30 | Senate F&TE Public Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB165 Alabama 2017 Session - Introduced |
| Bill Amendments | Senate Finance and Taxation Education first Substitute Offered |