HB140 Alabama 2014 Session

Summary

Primary Sponsor

Patricia Todd

Democrat

Session

Regular Session 2014

Title

Kid One Transport System, Inc., exempt from state sales and use taxes

Summary

HB140 would exempt Kid One Transport System, Inc. from Alabama state sales and use taxes.

What This Bill Does

If enacted, the bill would remove Kid One Transport System, Inc. from Alabama's sales and use tax system, so the company would not have to pay those taxes or collect them from customers. The change would apply specifically to this company; other taxpayers would remain under existing tax rules. The exemption would take effect on the first day of the third month after the bill is passed and the governor approves it (or when it becomes law).

Who It Affects

• Kid One Transport System, Inc. — would no longer owe state sales and use taxes and would not collect those taxes from customers.
• State of Alabama — could see reduced state sales and use tax revenue from this company.

Key Provisions

• Section 1: The Kid One Transport System, Inc., is exempted from paying or collecting state sales and use taxes.
• Section 2: This act becomes effective on the first day of the third month following its passage and approval by the Governor, or its becoming law.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Taxation