HB429 Alabama 2020 Session

Summary

Primary Sponsor

Barbara Bigsby BoydRepresentative

Democrat

Session

Regular Session 2020

Title

Taxation, Community Foundation of Northeast Alabama, exempt from sales, county and municipal fees and taxes

Summary

HB429 would exempt the Community Foundation of Northeast Alabama from all state, county, and municipal taxes and fees.

What This Bill Does

The bill would remove the obligation for the Community Foundation of Northeast Alabama to pay any state, county, or municipal taxes or fees, including sales and use taxes and local taxes. It applies to taxes described in current law for state, county, and local levels. It becomes effective on the first day of the third month after it passes and the Governor approves it (or becomes law by other means).

Who It Affects

• Community Foundation of Northeast Alabama – would be exempt from paying all state, county, and municipal taxes and fees.
• State and local governments – would not collect these taxes from the Community Foundation of Northeast Alabama after the exemption becomes effective.

Key Provisions

• Section 1: The Community Foundation of Northeast Alabama is exempted from paying all state, county, and municipal fees and taxes.
• Section 2: The act becomes effective on the first day of the third month following its passage and approval by the Governor, or otherwise becoming law.

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