AL HB286

Exempts Junior Achievement of Alabama, Inc., a nonprofit corporation, from all state, county, and municipal ad valorem taxes on property it owns and uses for charitable purposes.

Exempts Junior Achievement of Alabama, Inc., from paying state, county, and municipal sales and use taxes on purchases made in furtherance of its charitable purposes.

Sales and use tax exemption becomes effective on September 1, 2024.

Ad valorem tax exemption becomes effective on October 1, 2024.