Post by Logan on Feb 23, 2017 15:37:34 GMT -6
Gov. Robert Bentley today signed an executive order creating a task force to study possible repeal of the state sales tax on groceries.
Bentley said during his State of the State address two weeks ago that he wanted to see the tax repealed. That would require an act of the Legislature.
Commissioner Julie Magee, who will chair the task force, said the 4 percent state sales tax on groceries generates about $350 million a year, which goes to the Education Trust Fund.
Bentley said his goal would be to repeal the tax without a replacement. But he called on the task force to study the effects of the proposal on state budgets and the direct and indirect impacts on the state's economy.
Read more: www.al.com/news/birmingham/index.ssf/2017/02/gov_robert_bentley_creates_tas.html
Bentley said during his State of the State address two weeks ago that he wanted to see the tax repealed. That would require an act of the Legislature.
Commissioner Julie Magee, who will chair the task force, said the 4 percent state sales tax on groceries generates about $350 million a year, which goes to the Education Trust Fund.
Bentley said his goal would be to repeal the tax without a replacement. But he called on the task force to study the effects of the proposal on state budgets and the direct and indirect impacts on the state's economy.
Read more: www.al.com/news/birmingham/index.ssf/2017/02/gov_robert_bentley_creates_tas.html