HB18 Alabama 2020 Session

Summary

Primary Sponsor

Kyle South

Republican

Session

Regular Session 2020

Title

Taxation, High Socks for Hope, Inc., exempt from state, county, and municipal sales and use taxes

Summary

HB 18 would exempt High Socks for Hope, Inc. from all state, county, and municipal sales and use taxes in Alabama.

What This Bill Does

If enacted, the bill would remove the obligation for High Socks for Hope, Inc. to pay any state, county, or municipal sales or use taxes. It specifies that the exemption applies to all such taxes and would take effect in the third month after the bill passes and is approved by the Governor. This means the organization would not owe these taxes on its purchases or taxable activities in Alabama after the effective date.

Who It Affects

• High Socks for Hope, Inc. – would be exempt from paying state, county, and municipal sales and use taxes.
• State and local tax authorities (and public finances) – would no longer collect those taxes from this organization, potentially reducing tax revenue.

Key Provisions

• Section 1: Exempts High Socks for Hope, Inc. from paying any state, county, and municipal sales and use taxes.
• Section 2: Becomes effective on the first day of the third month following its passage and approval by the Governor.

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Taxation