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AL SB116
Bill
Status
3/22/2023
Primary Sponsor
J.T. Waggoner
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AI Summary
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Amends Section 40-23-5 of the Alabama Code to add The Mike Slive Foundation for Prostate Cancer Research as a new exemption from state, county, and municipal sales and use taxes.
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Adds subsection (w) to existing law that lists organizations and entities exempt from Alabama sales and use taxes.
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The exemption applies to all sales and use tax obligations at the state, county, and municipal levels.
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The act becomes effective on the first day of the third month following its passage and approval by the Governor.
Legislative Description
Relating to sales and use taxes; to amend Section 40-23-5, Code of Alabama 1975, to exempt The Mike Slive Foundation from payment of state, county, and municipal sales and use taxes.
Taxation, The Mike Slive Foundation for Prostate Cancer Research, exempt from state, county, and municipal sales and use taxes
Last Action
Introduced and Referred to Senate Finance and Taxation Education
3/22/2023