SB301 Alabama 2020 Session

Summary

Primary Sponsor

Rodger SmithermanSenator

Democrat

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

SB301 would grant a tax exemption to the TWG 2021 Birmingham Foundation for the World Games 2021, covering sales, use, license, and ad valorem taxes with an expiration date.

What This Bill Does

The bill adds a new section to the Alabama Code that exempts the TWG 2021 Birmingham Foundation from paying or collecting state, county, and municipal sales, use, and license taxes for the World Games 2021. It also exempts ad valorem taxes on property used for the event, taxes on the purchase or use of property by the foundation, the gross proceeds from the sale or use of property by the foundation, and admissions to the World Games 2021 event. All property owned by the foundation and used for the event would be exempt from state, county, and local ad valorem taxes. The exemptions expire on December 31 of the year following the year the World Games 2021 concluded, and the act becomes effective immediately after passage and approval.

Who It Affects

• TWG 2021 Birmingham Foundation (a nonprofit) would receive exemptions from state, county, and municipal sales, use, license taxes, and ad valorem taxes related to World Games 2021, plus exemptions on property-related taxes and admissions.
• State, county, and local tax jurisdictions would experience reduced tax revenue from these exemptions for the World Games 2021.

Key Provisions

• Creates Section 40-9-26.2 establishing a tax exemption for TWG 2021 Birmingham Foundation from state, county, and municipal sales, use, and license taxes, and ad valorem taxes related to the World Games 2021.
• Exempts taxes on the purchase or use of property by the foundation, the gross proceeds from the sale or use of property by the foundation, and admissions to the World Games 2021 event.
• Exempts all property owned by TWG 2021 Birmingham Foundation and used for the World Games 2021 event from state, county, and local ad valorem taxes.
• Provides that the exemptions expire on December 31 of the year following the year the World Games 2021 concluded, and states the act takes effect immediately after passage and approval.

AI-generated summary using openai/gpt-5-nano on Feb 23, 2026. May contain errors — refer to the official bill text for accuracy.