HB334 Summary

• Amends Alabama tax code sections 40-9-12, 40-9-13, 40-9-25, and 40-23-5 to require statutorily exempt entities to obtain and maintain current certificates of exemption from sales, use, and lodgings taxes.

• Reorganizes and consolidates the list of exempt organizations into numbered categories, including nonprofits, charities, rescue organizations, and foundations.

• Removes specific exemptions for Catholic Maritime Club of Mobile and Seamen's Home of Mobile, and adds new exemptions for the Alabama Sports Council, Boys and Girls Ranches of Alabama Inc., and the Eufaula Heritage Association.

• Requires United Way organizations and united appeal funds to demonstrate they have maintained valid certificates of exemption issued prior to July 1, 2017, as a condition of continued tax-exempt status.

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