State and Local Tax (SALT) partner Bruce Ely was quoted in State Tax Notes regarding Alabama’s special legislative session ending August 11 without a fiscal 2016 budget or a tax reform agreement to address the state’s budget shortfall. Gov. Robert Bentley said he would call a second special session to try to pass a budget before the current budget expires September 30.
"I was delighted to see the business community coalesce so quickly to convince the Senate leadership and [House] Speaker [Mike] Hubbard how bad that unitary combined reporting bill was," Ely said. "We just hope that bill doesn't resurface, certainly not in the second special session."