House Bill 398 Alabama 2026 Session

Updated Mar 12, 2026

Notable

Summary

Primary Sponsor: Bill LambRepresentative
Republican
Session: 2026 Regular Session
Title: Taxation; to exempt High Socks for Hope from payment of state, county, and municipal sales and use taxes
Summary: HB398 would exempt High Socks for Hope from state sales and use taxes and allow local governments to do the same at the local level.
What This Bill Does
The bill says High Socks for Hope is exempt from paying state sales and use taxes. Counties and municipalities may exempt this organization from local sales and use taxes in their jurisdictions if they choose. The exemption would take effect on September 1, 2026.

Who It Affects
High Socks for Hope would be exempt from paying state sales and use taxes on eligible purchases.
Counties and municipalities would have the option to exempt High Socks for Hope from local sales and use taxes in accordance with existing law.
State and local government revenue could be affected because tax collections related to this exemption may be reduced.

Key Provisions
High Socks for Hope is exempt from paying state sales and use taxes.
Counties and municipalities may exempt High Socks for Hope from local sales and use taxes in accordance with Section 40-23-4.01.
The act becomes effective on September 1, 2026.

AI-generated summary using openai/gpt-5-nano-2025-08-07 on Mar 11, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Taxation & Revenue