Flag_of_Alabama.svg
An official website of the Alabama State government.

The .gov means it's official

Government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on an official government site.

The site is secure

The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

The .gov means it's official

Government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on an official government site.

The site is secure

The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

MEMO Revised Interest Chart – Effective July 1, 2020

Category
Related Division
Posted: June 8, 2020

MEMORANDUM

TO: County Probate Judges, County License Commissioners, License Inspectors, Other License Issuing Officials
SUBJECT: Revised Interest Chart – Effective July 1, 2020

Attached is the updated interest rate chart as required by Section 40-1-44, Code of Alabama, 1975. Per the Internal Revenue Service, the interest rate decreases to 3 percent for the fourth quarter of this fiscal year. Please destroy any previous charts issued and feel free to make copies to share, as needed.

The updated interest chart will be posted on the Department’s website at
https://www.revenue.alabama.gov/wp-content/uploads/2017/05/interestchart.pdf if you need to refer to it. If you have any questions, you may contact our office at 334-353-7827, option 5.

Click here to download a .PDF version of this memo.