SB296 Alabama 2019 Session

Summary

Primary Sponsor

Dan RobertsSenator

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

SB 296 expands and temporarily extends tax exemptions for the Barber Vintage Motorsports Museum and related entities, including certain sales/use taxes on materials and broader ad valorem relief for museum property.

What This Bill Does

It exempts from state, county, and local sales and use taxes tangible personal property bought solely to display as museum exhibits, and construction materials used for capital improvements or repairs at the museum and the motorsports park. It also extends ad valorem tax exemption to property owned by the museum and related entities (and to property formerly leased from the City of Birmingham) when purchased by the museum, with limits that only portions used for museum/park operations qualify and certain properties are excluded. These exemptions and any related tax credits are temporary, effective through the 2024 tax year unless extended by the Legislature, and the act becomes effective immediately after gubernatorial approval.

Who It Affects

• Barber Vintage Motorsports Museum and related entities (e.g., Barber Motorsports Park, LLC and related entities) would receive sales/use tax exemptions on eligible purchases and expanded ad valorem tax relief on museum/park property.
• Property owners and related entities connected to the museum, including property formerly leased from the City of Birmingham, would have certain museum- and park-related property exempt from ad valorem taxes when purchased or owned by the museum, subject to use and connection restrictions.

Key Provisions

• Defines Barber Vintage Motorsports Museum and related entities to include the museum, the motorsports park, and property owned by Barber Motorsports Park, LLC and related LLCs.
• Amends Section 40-9-25.14 to exempt from state, county, and municipal sales and use taxes tangible personal property purchased solely for display as museum exhibits and construction materials for capital improvements or repairs at the museum and the motorsports park.
• Extends ad valorem tax exemption to all personal property owned by and real property leased to the museum and related entities, including property owned by the City of Birmingham that may be purchased by the museum, with exemptions limited to property used for the museum or park and not for unrelated use or post-2006 additions.
• Exemption for construction materials and related tax credits applies through the 2024 tax year unless extended by the Legislature.
• Effective date: immediate upon Governor's 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