HB286 Alabama 2024 Session

Summary

Primary Sponsor

David FaulknerRepresentative

Republican

Session

Regular Session 2024

Title

Junior Achievement of Alabama, Inc., exempt from state, county, and municipal ad valorem taxes, and sales and use taxes

Summary

HB286 would exempt Junior Achievement of Alabama, Inc. from state, county, and municipal ad valorem taxes and from sales and use taxes on purchases for its charitable work.

What This Bill Does

If passed, the bill would remove the obligation for Junior Achievement of Alabama, Inc. to pay ad valorem taxes on property it owns and uses, at the state, county, and municipal levels. It would also exempt the organization from paying state, county, and municipal sales and use taxes on purchases made to support its charitable activities. The ad valorem exemption would take effect October 1, 2024, and the sales and use tax exemption would take effect September 1, 2024.

Who It Affects

• Junior Achievement of Alabama, Inc. would benefit by not paying certain ad valorem taxes and sales/use taxes related to its charitable work.
• State, county, and municipal governments in Alabama may see reduced tax revenue from the exemptions.

Key Provisions

• All property owned and used by Junior Achievement of Alabama, Inc., a nonprofit, is exempted from state, county, and municipal ad valorem taxes, effective October 1, 2024.
• Junior Achievement of Alabama, Inc. is exempted from paying state, county, and municipal sales and use taxes on purchases made in furtherance of its charitable purposes, effective September 1, 2024.

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 & Revenue