Senate Bill 190 Alabama 2026 Session

Summary

Primary Sponsor

J.T. WaggonerSenator

Republican

Session

2026 Regular Session

Title

Sales Tax; to exempt Precision Ocular

Summary

SB190 would exempt Precision Ocular from Alabama state sales and use taxes for a defined period and allow local governments to grant exemptions as well.

What This Bill Does

If enacted, the bill would exempt Precision Ocular from state sales and use taxes from October 1, 2026 through September 30, 2031, unless the Legislature extends the period. Local governments could also exempt Precision Ocular from local sales and use taxes, but only with approval from the county or municipality under Section 40-23-4.01. The act would take effect on September 1, 2026.

Who It Affects

• Precision Ocular would receive a state tax exemption for the stated period and could obtain local exemptions if approved by local authorities.
• Counties and municipalities would have the option to grant local tax exemptions to Precision Ocular, potentially reducing local tax revenue during the exemption period.

Key Provisions

• Exempts Precision Ocular from paying state sales and use taxes for October 1, 2026 through September 30, 2031, unless extended by the Legislature.
• Allows counties and municipalities to exempt Precision Ocular from local sales and use taxes upon approval by the local governing body under Section 40-23-4.01.

AI-generated summary using openai/gpt-5-nano on Feb 17, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Taxation & Revenue