Alabama grocery shoppers will see a little bit sliced from their bills starting on September 1, and another cut is possible in the years ahead.
A second 1 percentage point of the sales tax cut could be cut on September 1, 2024. But for that to happen, the economy will have be healthy. That tax cut will only be implemented if the state’s Education Trust Fund has grown by 3-1/2% over the previous fiscal year.Supplemental Nutrition Assistance Program, or SNAP
“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,” Ivey said in a statement to AL.com.in early March. She did not mention cutting the state’s sales tax on groceries during her address, nor did she advocate for it during the legislative session.a one-time income tax rebate of $150 for individuals and $300 for those filing jointly.
Alabama Arise had estimated that a family of four could save $150 per year in groceries under the 1 percentage point reduction in the state sales tax on groceries. A joint resolution, separate from HB479, will establish a new commission that will look into ending the state’s entire 4% sales tax on groceries, which will be down to 3% on September 1 and -- perhaps -- 2% in 2024.“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,” Sanders said.
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