HB625 Alabama 2021 Session

Under existing law, the state imposes sales and use taxes upon certain persons, firms, or corporations. The amount of the taxes range from one and one-half to four percent of the gross proceeds of the sale or consumption of various types of tangible personal property. The state also imposes a sales tax on the operation of places of amusement or entertainment. Counties and municipalities impose various additional sales and use taxes. Certain entities are exempted from state, county, or local sales and use taxes

This bill would exempt the Community Foundation of South Alabama, the Community Foundation of West Alabama, the Black Belt Community Foundation, the Community Foundation of Northeast Alabama, the Community Foundation of Greater Birmingham, the Community Foundation of Greater Huntsville, the Community Foundation of Greater Decatur, the Limestone Area Community Foundation, the Central Alabama Community Foundation, the Autauga Area Community Foundation, the Elmore County Community Foundation, the Southeast Alabama Community Foundation, the Community Foundation of East Alabama, and the Walker Area Community Foundation, from any state, county, and municipal sales and use taxes

Relating to taxation; to exempt the Community Foundation of South Alabama, the Community Foundation of West Alabama, the Black Belt Community Foundation, the Community Foundation of Northeast Alabama, the Community Foundation of Greater Birmingham, the Community Foundation of Greater Huntsville, the Community Foundation of Greater Decatur, the Limestone Area Community Foundation, the Central Alabama Community Foundation, the Autauga Area Community Foundation, the Elmore County Community Foundation, the Southeast Alabama Community Foundation, the Community Foundation of East Alabama, and the Walker Area Community Foundation, from paying state, county, and municipal sales and use taxes.