HB474 Alabama 2016 Session

Summary

Primary Sponsor

Terri Collins Representative

Republican

Session

Regular Session 2016

Title

Taxation, exemption for certain organizations, definition of the United Way and other united appeal funds provided for, Sec. 40-9-12 am'd.

Description

Under existing law, specific organizations and community chests united appeal funds, and the charities for which they solicit funds are exempt from any and all taxation and fees.

This bill would provide definitions and qualifications for the United Way and other united appeal funds and their supported charities.

This bill also provides that united appeal funds that already hold a Certificate of Exemption issued by the Department of Revenue and are in good standing with the reporting requirements of Act 2015-534, now appearing as Sections 40-9-60 and 40-9-61 of the Code of Alabama 1975, would be deemed to be within the definitions.

Subjects

Taxation