HB307 Alabama 2019 Session

Summary

Primary Sponsor

David FaulknerRepresentative

Republican

Session

Regular Session 2019

Title

Taxation, Barber Vintage Motorsports Museum, sales and use tax exemption, to include construction materials, ad valorem tax exemption, further provided for, Sec. 40-9-25.14 am'd.

Summary

HB 307 broadens tax exemptions for the Barber Vintage Motorsports Museum by expanding construction-material relief and widening ad valorem tax exemptions to more museum property and related entities.

What This Bill Does

It would exempt the Barber Vintage Motorsports Museum and related entities from state, county, and municipal sales and use taxes on construction materials used for capital improvements or repairs at the museum or the motorsports park. It would extend the ad valorem tax exemption to more property that is part of the museum complex, including property owned by related entities, and remove references to the old lease arrangement. Exemptions apply only to property used for museum or park operations and would not cover portions not used for those purposes or property that may be sold or leased for non-museum uses; it also specifies certain properties added after July 1, 2006 are not exempt. The act becomes effective immediately after the governor signs it into law.

Who It Affects

• Barber Vintage Motorsports Museum, Barber Motorsports Park LLCs, and related entities would receive expanded relief from sales and use taxes on construction materials for capital improvements or repairs, and broader ad valorem tax relief on eligible property.
• Property within the museum complex (including property formerly owned by the City of Birmingham that is part of the museum) would be eligible for ad valorem tax exemption, subject to limits that some portions or certain properties may not be exempt.

Key Provisions

• Exemption from state, county, and municipal sales and use taxes for tangible personal property purchased as construction material for capital improvements or repairs at the Barber Museum and the motorsports park.
• Ad valorem tax exemption extended to additional property that is part of the museum property, including property owned by related entities.
• References to the leased property and lease arrangements are removed; the exemption applies to property including that owned by related entities and property included in the museum complex, with definitions for related entities.
• Limitations: exemption applies only to property used in museum/park operations; does not apply to portions not used for those purposes or to property that may be sold or leased for non-museum purposes; excludes real property added after July 1, 2006 unless described otherwise; and becomes effective immediately after governor approval.

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