SB261 Alabama 2019 Session

Summary

Primary Sponsor

Steve LivingstonSenator

Republican

Session

Regular Session 2019

Title

Tax exemption, Long Ranch

Summary

SB 261 would exempt all property owned and used by Long Ranch, a nonprofit, from state, county, and local ad valorem taxes and from state, county, and municipal sales and use taxes.

What This Bill Does

If enacted, Long Ranch would not owe ad valorem taxes on its property or sales and use taxes on its purchases or activities. The exemptions apply specifically to property owned and used by Long Ranch. The act would take effect on the first day of the third month after passage and governor approval.

Who It Affects

• Long Ranch (a domestic nonprofit corporation) would receive full exemptions from ad valorem taxes and from sales and use taxes.
• State and local tax authorities (state, county, and municipal) could lose potential tax revenue from Long Ranch property and activities.

Key Provisions

• Section 1(a): All property owned by Long Ranch and used by it is exempt from state, county, and local ad valorem taxation.
• Section 1(b): Long Ranch is exempted from paying any state, county, and municipal sales and use taxes.
• Section 2: The act becomes effective on the first day of the third month after its passage and approval by the Governor (or otherwise becoming law).

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