HB24 Alabama 2015 Session

Summary

Primary Sponsor

Dickie Drake

Republican

Session

Regular Session 2015

Title

Three Hots and a Cot, Inc., exempt from sales and use taxes

Summary

HB24 would exempt Three Hots and a Cot, Inc. from all state, county, and municipal sales and use taxes in Alabama.

What This Bill Does

If enacted, Three Hots and a Cot, Inc. would not have to pay state or local sales and use taxes, and it would not collect those taxes from customers. The exemption would apply to all state, county, and municipal sales and use taxes. As a result, tax revenue from this business would be forgone by state and local governments.

Who It Affects

• Three Hots and a Cot, Inc.: would be exempt from paying and from collecting state, county, and municipal sales and use taxes.
• State and local governments (state, counties, and municipalities): could see reduced sales and use tax revenue from this business.
• Customers of Three Hots and a Cot, Inc.: would not be charged sales and use taxes on purchases from this business.

Key Provisions

• Provides an exemption for Three Hots and a Cot, Inc. from paying or collecting any state, county, and municipal sales and use taxes.
• Establishes the exemption to take effect on the first day of the third month after passage and gubernatorial approval (or when it becomes 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