Compromise legislation regarding commercial property valuations is now law. Act No. 2018 – 265 requires additional information if a comparable sale or lease transaction is the evidence being offered in a challenge to the value tax assessors and boards of equalization…
Ten weeks have passed and, technically,10 legislative days remain in the 2018 regular session of the Alabama Legislature. It is obvious by their actions, though, that Alabama’s lawmakers are gearing down for the session. This week, they sent the governor…
Proposed legislation would allow Alabama citizens to block themselves from buying guns from licensed dealers by voluntarily adding their names to a do-not-sell list. The legislation carries a $5,000 civil penalty for anyone who knowingly sells or transfers a firearm…
A $1,000 tax credit for hiring combat and unemployed veterans is now law. The Veterans Employment Act by Rep. Connie Rowe, R-Jasper, is retroactive to Jan. 1 of this year. Businesses giving honorably discharged combat veterans or any unemployed honorably discharged veteran a full-time,…
Online third-party vendors that have until this point avoided collecting and remitting Alabama sales taxes would be closer to being on the same level as brick-and-mortar retailers under a bill approved this week by a House budget-writing committee. HB470 makes major…
A consumer can now directly petition the Alabama Department of Revenue for a refund of sales, use, lodging or public utility taxes. Previously, the consumer who overpaid or paid tax that wasn’t owed to the business taxpayer and the business…
Legislation to require retailers to print their refund policy on their customer receipts went nowhere in the 2018 regular session. Sen. Trip Pittman, R-Daphne, wanted a printed refund policy to include whether an exchange, store credit or cash refund was…
If this was a normal legislative session, lawmakers hit the halfway point on Tuesday. It appears, though, that Alabama’s legislators are sticking to their plan to fund state government and leave Montgomery early so they can begin campaigning in earnest…
A new law offers liability relief for business taxpayers who use the state’s ONE SPOT electronic tax filing system and rely on the state for correct information on local tax rates. Act No. 2018-150 by Sen. Paul Sanford, R-Huntsville, offers businesses liability relief…
Pharmacy-related bills of interest to retailers have become law during the Alabama Legislature’s 2018 regular sesssion. Prescription Drug Monitoring update effective June 1 A new law to modernize Alabama’s Prescription Drug Monitoring Program as recommended by the Opioid Overdose and Addiction Council…