HB160 Alabama 2023 Session

Summary

Primary Sponsor

David FaulknerRepresentative

Republican

Session

Regular Session 2023

Title

Relating to tax exemptions, to amend Section 40-9-12, Code of Alabama 1975, to change the name of the National Foundation to reflect its current name, the March of Dimes Inc.

Summary

Renames the National Foundation to the March of Dimes Inc. in Alabama’s tax-exemption law while preserving existing exemptions for a wide range of nonprofits.

What This Bill Does

The bill amends Section 40-9-12(a) to substitute March of Dimes Inc. for the National Foundation in the list of exempt entities. It keeps the same tax exemptions for the numerous organizations and their real and personal property, so state, county, and municipal taxes continue to be waived. It also preserves the definitions and administrative rules related to charitable organizations, United Way structures, and annual reporting requirements, with the act taking effect immediately after passage.

Who It Affects

• March of Dimes Inc. and its Alabama Field Offices will be recognized with the same tax-exempt status as the National Foundation previously had.
• The wide group of listed nonprofit organizations (e.g., YMCA/YMHA, Girl Scouts, Boy Scouts, Salvation Army, United Way entities, American Cancer Society, United Way agencies, and others) will continue to be exempt from state, county, and municipal taxes under the same framework.

Key Provisions

• Amend Section 40-9-12(a) to rename 'The National Foundation's Alabama Field Offices' to 'March of Dimes Inc.' and maintain the same tax-exemption scope for the listed organizations.
• Retain and apply the existing exemptions for the named nonprofits and their properties, along with the related definitions (Supported Charity, United Appeal Fund, United Way Organization/Member Agency) and annual reporting provisions, with immediate effectiveness.

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 and Revenue, National Foundation name changed to current March of Dimes, Inc.