HB258 Alabama 2023 Session

Updated Feb 26, 2026

Low Interest

Summary

Primary Sponsor: Kyle South
Republican
Session: Regular Session 2023
Title: Relating to state, county, and municipal sales and use taxes; to amend Section 40-23-5, Code of Alabama 1975, to exempt High Socks for Hope, Inc., from payment of state, county, and municipal sales and use taxes.
Summary: HB258 would exempt High Socks for Hope, Inc. from Alabama state, county, and municipal sales and use taxes.
What This Bill Does
HB258 adds High Socks for Hope, Inc. to the list of organizations exempt from paying state, county, and municipal sales and use taxes under Section 40-23-5. This means the organization would not owe these taxes on its Alabama purchases. The exemption becomes effective on the first day of the third month after the bill is passed and approved by the governor.

Who It Affects
High Socks for Hope, Inc. – would be exempt from paying state, county, and municipal sales and use taxes in Alabama.
Taxing authorities (state, county, and municipal tax agencies) – could receive less sales tax revenue from this exemption.

Key Provisions
Exempts High Socks for Hope, Inc. from paying any state, county, or municipal sales and use taxes by amending Section 40-23-5.
Effective date: the act becomes effective on the first day of the third month following its 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, High Socks for Hope, Inc., exempt from state, county, and municipal sales and use taxes