HB37 would grant tax exemptions to Arc of Alabama local chapters that lose United Way status, shielding their sales and use taxes and property taxes from state, county, and local authorities, with local approval required for some exemptions.
It creates a new tax exemption rule for Arc of Alabama local chapters that lose United Way agency status on or after the act’s effective date. The exemption would cover state, county, and municipal sales and use taxes on the chapter, and all property owned by the chapter would be exempt from state, county, and local ad valorem taxes. Additionally, county and municipal exemptions (and related ad valorem relief) would take effect only after a local governing body approves a resolution. The act becomes law after the governor signs it.
Pending third reading on day 27 Favorable from Finance and Taxation Education
Ways and Means Education first Amendment Offered
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Finance and Taxation Education
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 662
Motion to Adopt adopted Roll Call 661
Ways and Means Education Amendment Offered
Motion to Adopt adopted Roll Call 660
Ways and Means Education first Substitute Offered
Third Reading Passed
Read for the second time and placed on the calendar with 1 substitute and 1 amendment
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Source: Alabama Legislature