HB465 Summary

• Amends Section 40-9-12 of the Alabama Code to add the Alabama State Missionary Baptist Convention, Incorporated, and each local Baptist association in good standing with the convention to the list of entities exempt from state, county, and municipal taxes.

• Exempts all real and personal property of the Alabama State Missionary Baptist Convention and its member associations from all state, county, and municipal taxes, licenses, fees, and charges.

• Requires the Alabama State Missionary Baptist Convention to submit a list of each local Baptist association in good standing with the convention to the Department of Revenue as provided by departmental rule.

• Effective on the first day of the third month following the bill's passage and approval by the Governor, or upon becoming law through other means.