HB449 Alabama 2020 Session

Summary

Primary Sponsor

Danny GarrettRepresentative

Republican

Session

Regular Session 2020

Title

World Games, TWG 2021 Birmingham Foundation, exempt from sales and use, ad valorem, and other taxes, Sec. 40-9-26.2 added

Summary

HB449 would exempt TWG 2021 Birmingham Foundation from paying and collecting all state, county, and local sales, use, license, and ad valorem taxes for the World Games 2021, with the exemptions expiring after the event.

What This Bill Does

It provides a tax exemption for the World Games 2021 conducted by TWG 2021 Birmingham Foundation, covering sales, use, and license taxes. It also exempts ad valorem taxes on property owned by the foundation and used for the event, as well as the gross proceeds from selling or using property by the foundation and admissions to the World Games. The exemptions apply to property used for the event and terminate on December 31 of the year after the event concludes.

Who It Affects

• TWG 2021 Birmingham Foundation (nonprofit) – exempt from paying and collecting state, county, and local taxes related to the World Games 2021.
• State, county, and local governments – potential reduction in tax revenue due to the exemptions.

Key Provisions

• Adds Section 40-9-26.2 to exempt TWG 2021 Birmingham Foundation from state, county, and municipal sales, use, and license taxes for the World Games 2021 event.
• Exempts ad valorem taxes on all property owned by TWG 2021 Foundation and used for the World Games 2021.
• Exempts gross proceeds from the sale or use of property by TWG 2021 Foundation and admissions to the World Games 2021 event from taxes.
• Exemptions expire on December 31 of the year following the year the World Games 2021 event concluded; effective immediately after passage and governor's approval.

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