HB591 Summary

• Amends Alabama's lodging tax statute (Section 40-26-1) to clarify tax exemptions for residential rentals in the Alabama mountain lakes region.

• Exempts rentals of single-family residences and individual units in multifamily premises under a written lease of 30 or more continuous days, provided the unit contains separate self-contained cooking, eating, sleeping, bathroom, and living space.

• Excludes from multifamily exemption any premises that permits lease or occupancy by any person for periods of 30 continuous days or more (such as short-term rental properties).

• Applies to 16 counties in the Alabama mountain lakes area: Blount, Cherokee, Colbert, Cullman, DeKalb, Etowah, Franklin, Jackson, Lauderdale, Lawrence, Limestone, Madison, Marion, Marshall, Morgan, and Winston.

• Becomes effective on the first day of the third month following passage and gubernatorial approval.