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AL HB258
Bill
Status
5/26/2023
Primary Sponsor
Kyle South
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AI Summary
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Amends Section 40-23-5 of the Alabama Code to add High Socks for Hope, Inc., to the list of organizations exempt from state, county, and municipal sales and use taxes.
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High Socks for Hope, Inc., joins other exempt organizations including the Diabetes Trust Fund, American Legion, Goodwill Industries, rescue service organizations, and various zoos and foundations.
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The exemption applies to all sales and use taxes at the state, county, and municipal levels with no time limitations or conditions.
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The act becomes effective on the first day of the third month following passage and approval by the Governor, or upon otherwise becoming law.
Legislative Description
Relating to state, county, and municipal sales and use taxes; to amend Section 40-23-5, Code of Alabama 1975, to exempt High Socks for Hope, Inc., from payment of state, county, and municipal sales and use taxes.
Taxation, High Socks for Hope, Inc., exempt from state, county, and municipal sales and use taxes
Last Action
Referred to Committee to Senate Finance and Taxation Education
5/26/2023