As Alabama prepares to observe the first anniversary of deadly tornadoes last April 27, the Legislature approved the creation of a tax-free weekend for buying disaster preparedness supplies.
The bill by Republican Rep. Bill Poole of Northport cleared the Senate 28-0 and the House 87-0 Thursday. Gov. Robert Bentley immediately signed it into law.
The bill specifies that the tax-free weekend will occur July 6-8 this year and the last full weekend in February in subsequent years. It waives the state’s 4 percent sales tax on many items, including batteries, cellphone chargers, portable radios, waterproof sheeting, generators, bungee cords, duct tape, and non-electric food storage.
Legislative fiscal experts predict the bill will reduce the state’s sales tax collections by $2 million annually.
Topics Legislation Alabama
Was this article valuable?
Here are more articles you may enjoy.
Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover 
Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati 
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance 
The Luxury Life of British Expats in Dubai Faces a Reality Check 
