AL HB307

Exempts items used to treat diabetes from state, county, and municipal sales and use taxes when purchased pursuant to a valid prescription, including insulin, insulin syringes, equipment, supplies, devices, chemical reagents, and related items for testing or monitoring blood or urine.

Applies retroactively to all open tax periods and periods for which a preliminary or final assessment of tax could be entered under Section 40-2A-7 of the Alabama Code.

Prohibits refunds for tax periods prior to the effective date of the act.

Does not repeal any existing law that does not directly conflict with the act.

Becomes effective on the first day of the third month following passage and approval by the Governor.