HB547 Alabama 2015 Session

Summary

Primary Sponsor

Richard Lindsey

Democrat

Session

Regular Session 2015

Title

Taxation, exempt certain chapters of Arc of Alabama from sale and use tax, Sec. 40-9-25.19 added

Description

Under existing law, local chapters of The Arc of Alabama that are designated United Way agencies are exempt from paying state, county, and municipal sales and use taxes and their property is exempt from state, county, and local ad valorem taxation.

This bill would exempt any local chapter of The Arc of Alabama, as of January 1, 2015, that loses its status on or after the effective date of this act as a United Way agency from paying state, county, and municipal sales and use taxes and would exempt all property owned by such chapter from state, county, and local ad valorem taxation.

This bill would also provide that an exemption from county and municipal sales and use taxes and ad valorem taxes may take effect only upon approval by resolution of the local governing body.

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Subjects

Taxation