New pre-filed bill would raise online sales tax to create education revenue
England has filed a new version of the bill for the upcoming session that returns the focus back to replacing school funding.
sales tax
City of Madison is first to make hearing aids sales tax exempt
HB51 gave the decision to local governments to end the sales tax on hearing aids, and Madison has become the first municipality to do so.
Governor announces major tax reform to benefit small businesses
More than 3,000 Alabama small businesses will no longer be required to pay monthly estimated sales taxes.
September 27, 2023
Opinion
Opinion
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See recent postsExplaining Alabama’s state grocery tax reduction
Here's what it covers and what it doesn’t.
Governor signs House Bill 77 to lower sales tax burden
HB77 increases the threshold for submitting estimated monthly sales tax payments.
June 12, 2023
Senate committee passes grocery tax bill, heads to Senate
The bill would reduce the current 4 percent tax rate on food to 2 percent over the next couple of years
PARCA reports highlights, disparities of Alabama’s online sales tax system
The flat rate is generally lower, and the system could potentially shift revenue from schools to state and local governments.
Alabama has the second-lowest tax revenue in the country
Only Tennessee had lower tax collections per capita, and that is excluding the state lottery, which would put Alabama dead last.
PARCA: Alabama second-lowest in state, local tax collection per capita
Meanwhile, the state had among the highest sales tax in the U.S.
State finance officials warn record-high revenues can’t be relied on
The state General Fund and Education Trust Fund saw historic revenues in 2021 due largely to federal pandemic assistance.