AL HB547

Exempts any local chapter of The Arc of Alabama, Incorporated, established as of January 1, 2015, that loses its United Way agency status from paying state sales and use taxes, effective on or after the bill's enactment date.

Exempts all property owned by such chapters from state ad valorem taxation without requiring local approval.

Requires local governing body approval by resolution for chapters to receive exemptions from county and municipal sales and use taxes and county and local ad valorem taxation.

Requires chapters seeking county and municipal tax exemptions to file a copy of the local governing body resolution with the appropriate official notifying them of the lost United Way status.

Becomes effective immediately upon passage and approval by the Governor or upon otherwise becoming law.