In addition to passing four bills that would help the state’s small businesses on “Small Business Day” in the Alabama House, legislators have also given final passage to another NFIB-approved bill, recently signed into law by Gov. Ivey.
Act No. 2018-180, sponsored by Sen. Steve Livingston (Scottsboro), will reduce the amount of paperwork and time associated with the current requirement that consumers secure a joint petition for sales tax refunds. Under the measure, consumers will now be able to file a direct petition for all refunds, and consumers will be able to claim refund reimbursement for taxes paid in excess of $25 directly from the Alabama Department of Revenue. The bill was reviewed and approved by the NFIB Tax Advisory Committee for its benefit to Alabama small business owners.