House Bill 423 Alabama 2026 Session

Summary

Primary Sponsor

Jeremy GrayRepresentative

Democrat

Session

2026 Regular Session

Title

Taxation; Goodwill Industries of the Southern Rivers, exempt from sales and use tax

Summary

HB423 would exempt Goodwill Industries of the Southern Rivers Incorporated from state sales and use taxes and allow local governments to exempt it from local sales and use taxes.

What This Bill Does

If enacted, the bill would remove the obligation for Goodwill Industries of the Southern Rivers Incorporated to pay state sales and use taxes. It would also let counties and municipalities choose to exempt the entity from local sales and use taxes. The act would take effect on September 1, 2026.

Who It Affects

• Goodwill Industries of the Southern Rivers Incorporated would be exempt from state sales and use taxes (and could receive local tax exemptions if a locality chooses to grant one).
• Counties and municipalities could opt to exempt the entity from local sales and use taxes under Section 40-23-4.01.

Key Provisions

• Exempts Goodwill Industries of the Southern Rivers Incorporated from paying state sales and use taxes.
• Allows counties and municipalities to exempt the entity from local sales and use taxes under Section 40-23-4.01.
• Effective date: September 1, 2026.

AI-generated summary using openai/gpt-5-nano on Feb 12, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Taxation & Revenue