HB162 Alabama 2017 Session

Summary

Primary Sponsor

Steve McMillan

Republican

Session

Regular Session 2017

Title

Taxation, Alabama Gulf Coast Zoo, exempt from state, county, and municipal sales and use taxes, Sec. 40-23-5 am'd.

Summary

HB162 would exempt the Alabama Gulf Coast Zoo from state, county, and municipal sales and use taxes on capital expenditures for a limited time, with annual reporting requirements.

What This Bill Does

The bill amends Section 40-23-5 to create a tax exemption for the Zoo Foundation, Inc., doing business as the Alabama Gulf Coast Zoo. The exemption covers all sales and use taxes related to capital expenditures by the zoo, lasts four years from the act's effective date, and the zoo must file an annual report with the Department of Revenue detailing the exempted sales. The zoo would still pay and collect all other taxes, and the exemption applies only to capital expenditures.

Who It Affects

• The Alabama Gulf Coast Zoo (Zoo Foundation, Inc.) would be exempt from sales and use taxes on capital expenditures for four years and must report annually to the Department of Revenue.
• The Alabama Department of Revenue and local taxing authorities would administer the exemption and receive annual exemption reports from the zoo.

Key Provisions

• The Zoo Foundation, Inc., operating as the Alabama Gulf Coast Zoo, is exempt from sales and use taxes on capital expenditures, but must continue to collect/remit all other taxes.
• The exemption is available for four years after the act's effective date.
• The zoo must annually report to the Department of Revenue the sales covered by the exemption; the Department will prescribe the report format.

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