HB506 Alabama 2010 Session

Summary

Primary Sponsor

Rod Scott

Democrat

Co-Sponsors

David GrimesHoward SanderfordDuwayne BridgesBarry MaskSteve ClouseRandy WoodJim McClendonJamie IsonSteve McMillanAlan BakerJoe FaustHarry ShiverPhil WilliamsMicky HammonMary Sue McClurkinWarren BeckAlan BootheRon JohnsonRichard J. LairdArthur PayneAllen TreadawaySpencer CollierBlaine GalliherFrank McDanielRobert BentleyGreg WrenJimmy MartinJoe HubbardElwyn ThomasJeremy OdenJohnny Mack MorrowSteve HurstLesley VanceAlan HarperMike MillicanOliver RobinsonChris EnglandLocy BakerRandy HinshawLaura HallCam WardTodd GreesonGerald H. AllenDickie DrakeJack WilliamsPaul DeMarcoMike BallVictor GastonJay LovePat MooreGregory CanfieldMac McCutcheonMike HillH. Mac GipsonJohn F. Knight Jr

Session

Regular Session 2010

Title

Congressional Medal of Honor Foundation, Inc., exempt from state, county, and municipal sales and use tax

Summary

HB506 would exempt the Congressional Medal of Honor Foundation, Incorporated from paying or collecting all state, county, and municipal sales and use taxes in Alabama.

What This Bill Does

It would remove the tax obligation for the foundation at all levels (state, county, and municipal) on sales and use taxes. The foundation would not owe these taxes, and sellers would not collect them from the foundation. The exemption would take effect on the first day of the third month after the bill is passed and approved by the Governor. This could reduce tax revenue for state and local governments from this entity.

Who It Affects

• Congressional Medal of Honor Foundation, Incorporated — would be exempt from paying and collecting state, county, and municipal sales and use taxes.
• Alabama state and local tax authorities (state, county, and municipal governments) — could lose tax revenue and would not collect taxes on the foundation's sales and purchases.

Key Provisions

• Section 1: Exempts the Congressional Medal of Honor Foundation, Incorporated from paying or collecting any state, county, and municipal sales and use taxes.
• Section 2: Becomes effective on the first day of the third month after passage and governor's approval (or becoming law).

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Taxation