Ala. Code § 39-1-3

Current through the 2024 Regular Session.

Section 39-1-3 - Reimbursement allowed for additional taxes incurred due to increase in tax rate during performance of contract

Any contractor performing a public works contract in which any state, county, or municipal funds are utilized shall be allowed reimbursement for any additional severance, sales, or use taxes incurred by the contractor as a result of an increase in the rate of severance, sales, or use taxes imposed during the time of performance of the contract. Time of performance shall be the time the contractor submits the bid until completion of the contract.

Ala. Code § 39-1-3 (1975)

Acts 1993, No. 93-422, p. 708, §1; Acts 1997, No. 97-225, p. 348, §1.