HB400 Alabama 2022 Session

Summary

Primary Sponsor

Wes KitchensSenator

Republican

Session

Regular Session 2022

Title

Taxation, grain bins exempt from ad valorem taxation, Sec. 40-9-1 am'd.

Summary

HB400 adds grain bins to the list of property exempt from Alabama ad valorem taxes.

What This Bill Does

The bill amends Section 40-9-1 to exempt grain bins used exclusively for storing, holding, drying, preserving, or preparing grain for market from ad valorem taxation. It defines grain bin as the structure and its component parts and specifies the exemption applies to grain bins used only for this purpose (with grain defined by Section 2-31-1). The exemption is added to the existing list of exemptions in the ad valorem tax code. It becomes law immediately after the Governor signs it, which occurred on April 7, 2022.

Who It Affects

• Farmers, grain producers, and others who own grain bins used exclusively for storing or preparing grain for market; those grain bins would be exempt from ad valorem taxes.
• Local governments such as counties and municipalities, which may see reduced property tax revenue from these exemptions.

Key Provisions

• Exempts grain bins used exclusively for storing, holding, drying, preserving, or preparing grain for market from ad valorem taxation.
• Defines grain bin as the structure and its component parts and clarifies linkage to grain defined in Section 2-31-1.
• Adds grain bins to the list of exemptions in Section 40-9-1 of the Code.
• Effective immediately after passage and the Governor's approval (the act became law in April 2022).

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