HB41 Alabama 2014 Session

Summary

Primary Sponsor

Patricia Todd

Democrat

Session

Regular Session 2014

Title

Taxation, Three Hots and A Cot, Inc., exempt from state, county, and municipal sales and use taxes

Summary

HB41 would exempt Three Hots and A Cot, Incorporated from all state, county, and municipal sales and use taxes.

What This Bill Does

If enacted, Three Hots and A Cot, Incorporated would be exempt from paying and from collecting state, county, and municipal sales and use taxes. Tax authorities would not collect these taxes from the company. The exemption would take effect on the first day of the third month after the bill is passed and approved by the Governor (or otherwise becomes law).

Who It Affects

• Three Hots and A Cot, Incorporated — would no longer be required to pay or collect state, county, and municipal sales and use taxes.
• State, county, and municipal tax authorities — would no longer collect these taxes from Three Hots and A Cot, Incorporated.

Key Provisions

• Section 1: Exempts Three Hots and A Cot, Incorporated from paying or collecting any state, county, and municipal sales and use taxes.
• Section 2: The exemption becomes effective on the first day of the third month following its passage and approval by the Governor (or its becoming law by other means).

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