Gov. Kay Ivey has signed a bill into law to reduce the state’s grocery tax.
MONTGOMERY, Ala. - Gov. Kay Ivey has signed a bill into law to reduce the state’s grocery tax, something state lawmakers have sought for the better part of 20 years.
The sales tax will drop from 4% to 3% in September. It will then drop to 2% in September 2024, but only if tax collections for the Education Trust Fund rise at least 3.5%,. The AP reports that if this growth doesn’t happen, the tax will drop to 2% in the next year when the growth requirement is satisfied.
Ivey and state lawmakers agreed the cuts would help families dealing with higher food prices. After signing the bill, she said, “I have signed HB479, the one percent reduction to the state’s portion of the grocery tax. As Alabamians and Americans alike are grappling with tighter times, I am hopeful that this decision by the Legislature to slightly reduce the sales tax on certain food items will be truly felt by Alabama families.
Alabama Arise has been pushing for a grocery tax cut for over 20 years. It also released a statement on the new law, saying, “This is a great day for the people of Alabama. This is welcome news for Alabamians who are struggling to make ends meet and working hard to keep food on the table. And this is meaningful progress toward a more just and equitable tax system for our state.”
Alabama Arise spokesman Chris Sanders went on to say, “The state grocery tax is a cruel tax on survival, and Alabama Arise remains committed to the goal of eliminating it entirely. We look forward to working with the state’s new Joint Study Commission on Grocery Taxation to find a sustainable and responsible path forward to remove the rest of the state grocery tax. There are many better options to raise revenue for vital services in Alabama than taxing a necessity of life.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Birmingham-Southern loan bill still awaiting Gov. Kay Ivey’s signatureAccording to the Legislative Services Agency, Gov. Ivey has until June 16 to sign the bill, or else it will be “pocket vetoed.” In March, Ivey said she didn’t intend to support state funds for the college, but legislators moved forward with a bailout plan.
Read more »
Gov. Ivey signs distracted driving bill into lawBefore you hit the road there’s an extra step added to your pre-driving checklist. Buckle up, check your mirrors, and now, make sure you put your phone down.
Read more »
Bryan Taylor, governor’s ex-chief legal adviser, to run for Alabama Supreme Court chief justiceRepublican Bryan Taylor, a former state senator and former chief legal adviser to Gov. Kay Ivey, announced Wednesday that he is running for chief justice of the Alabama Supreme Court
Read more »
Lt. Gov. calls on Gov. Abbott, Texas House to support Senate plan to lower property taxesLIVE NOW Lt. Gov. Dan Patrick is speaking in Dallas, he's expected to address the ongoing dispute over property tax legislation. Watch live
Read more »
DeSantis dares Newsom to challenge Biden in 2024 presidential race'Stop pussyfooting around,” the Republican governor of Florida said. “Are you gonna throw your hat in the ring and challenge Joe?'
Read more »
Lt. Gov. Dan Patrick urges Gov. Greg Abbott to endorse Senate’s property tax planPatrick also asked Abbott to stop vetoing Senate bills for political leverage, and he demanded House members return to Austin for the ongoing special session.
Read more »