The Alabama Legislature in the fifth week of the regular session gave final approval to tax measures to benefit businesses and individual taxpayers.
About 75% of Alabama businesses will be exempt from business personal property taxes and almost 2,500 businesses that collect sales taxes will no longer have to make monthly estimated payments under legislation that received final approval Thursday. Meanwhile, a bill shielding federal COVID-related tax credits from state income tax is expected to be on the governor’s desk early next week.
The House returns at 1 p.m. Tuesday and the Senate at 2:30 p.m. for the 13th legislative day of the 2022 regular session.
Keep reading for summaries of issues of interest to retailers and this week’s top retail stories.
For legislative and other news of relevance to retailers,
read This Week in Retail News
THIS WEEK IN RETAIL NEWS
Senate OKs bill defining Grubhub, Waitr etc. drivers as independent contractors (alabamaretail.org)
CDC updates recommendations for COVID-19 boosters (alabamapublichealth.gov)
Introductions include bill to help identify unregistered tobacco sellers (alabamaretail.org)
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