AL HB62

Defines "nonprofit veterans' organization" as any nonprofit organization with tax-exempt status under 26 U.S.C. § 501(c)(3) whose primary purpose is supporting veterans, active duty servicemembers, and their dependents.

Exempts nonprofit veterans' organizations from compliance with state and local building codes for not less than 10 calendar years when they acquire a possessory interest in a state armory building through a reversionary clause in a deed.

Exemption applies only when the organization intends to use the facility to further support of veterans, active duty servicemembers, and their dependents.

Act becomes effective on the first day of the third month following passage and approval by the Governor or its otherwise becoming law.