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
Reimbursement Allowed for Additional Taxes Incurred Due to Increase in Tax Rate During Performance of Contract.
(Acts 1993, No. 93-422, p. 708, §1; Acts 1997, No. 97-225, p. 348, §1.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.