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Top News Links: Wednesday, April 26

National Commerce Corp. buys Florida bank for $31M

An Alabama bank acquired Pasco County-based Patriot Bank, adding to the list of community banks on the Gulf Coast of Florida that have been sold in the past year. Birmingham, Ala.-based National Commerce Corp., parent of National Bank of Commerce, acquired Trinity based Patriot for $31.3 million, according to a statement. – Business Observer

Steris/IMS to expand again, create 22 more jobs in Birmingham

STERIS/IMS recently announced a second expansion of its Birmingham operations, one that will create 22 more jobs with a capital investment of approximately $1.6 million. This latest expansion will help accelerate growth and bring the company’s local employment to approximately 450 people in downtown Birmingham. – News release

Voters could rule on revived gas tax proposal

Alabama lawmakers are considering an alternate route to raise money for road projects. Tuesday, a Senate committee approved a measure that would allow voters to decide whether to raise the gas tax five cents in their county. Senator Arthur Orr's proposal comes after the House rejected a statewide gas tax increase. – ABC3340

Alabama House ponders Sunday morning booze sales

The Alabama House of Representatives has voted to let some local governments decide if restaurants can offer up Sunday morning mimosas and other alcoholic drinks. The bill would allow county commissions and city councils, in areas where Sunday alcohol sales are legal, to authorize restaurant sales to begin at 10:30 a.m. Currently, sales often don't begin until noon or later. – AP/USN&WR 

Trump proposing massive tax cuts for business

President Trump plans to propose massive tax cuts for businesses big and small as part of an overhaul that he says will provide the biggest tax cuts in U.S. history. In addition to big tax cuts for corporations, Trump also wants to cut taxes for small business owners from a top tax rate of 39.6 percent to a top rate of 15 percent, said an official with knowledge of the plan. – WIAT

Alabama scores amazingly low for gambling addiction

For a state that’s constantly debating whether or not to institute a state lottery as a means to generate revenue, Alabama should probably consider a new report that ranks the Yellowhammer State as the least gambling-addicted state in the country. In personal finance website WalletHub’s latest report of 2017’s Most Gambling-Addicted States, analysts found Alabama is neither gambling-friendly nor do its residents have the need to seek treatment for gambling addiction. – Alabama Today

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