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Bill

Bill

HB 3

TAX/CORP FRANCHISE: Repeals the corporation franchise tax and limits eligibility of certain credits to be claimed against corporation franchise tax (Item #3) (EN -$574,000,000 RV See Note)

2024 Third Extraordinary Session Introduced by Julie Emerson and 1 co-sponsor

HB 3 exempts retail sales of fish and seafood from state and local taxes, supporting local fishermen and potentially lowering prices for consumers in Alabama.

Signed by the Governor. Becomes Act No. 6.
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