HB350 Alabama 2025 Session

Updated Feb 22, 2026

Low Interest

Summary

Primary Sponsor: Chris BlackshearRepresentative
Republican
Session: 2025 Regular Session
Title: Taxation; Greater Peace Community Corporation, exempt from sales and use tax
Summary: HB350 would exempt the Greater Peace Community Development Corporation from the state sales and use tax and let local governments opt to exempt it from local taxes.
What This Bill Does
It makes the Greater Peace Community Development Corporation not pay the state portion of sales and use taxes. It also allows counties and municipalities to exempt the entity from local sales and use taxes, but only if the local government passes a resolution or ordinance approving the exemption. The local exemption would not take effect without local action. The act would become effective on September 1, 2025.

Who It Affects
Greater Peace Community Development Corporation – would be exempt from the state sales and use taxes and could receive local tax exemptions if local governments approve them.
Counties and municipalities – would have the option to grant local sales and use tax exemptions for the corporation through their own resolutions or ordinances.

Key Provisions
Exempts the Greater Peace Community Development Corporation from paying the state portion of sales and use taxes.
Allows counties and municipalities to exempt the corporation from local sales and use taxes via resolutions or ordinances.
Local exemption requires action by the local governing body and does not automatically apply.
Effective date: September 1, 2025.

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