HB491 By Representative Todd RFD Ways and Means Education Rd 1 11-APR-17

SYNOPSIS: Under existing law, a general law may grant an exemption of state and local sales, use, or ad valorem taxes.

This bill would provide that a general law granting an exemption of sales, use, or ad valorem taxes shall not apply to local sales, use, or ad valorem taxes unless the exemption is granted by resolution or ordinance of the local governing body.

A BILL TO BE ENTITLED AN ACT

To provide that a general law granting an exemption of sales, use, or ad valorem taxes shall not apply to local sales, use, or ad valorem taxes unless granted by the local governing body pursuant to the adoption of a resolution or ordinance.

BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:

Section 1. Notwithstanding any other laws to the contrary, no general law granting or amending any exemption of sales, use, or ad valorem taxes shall apply to any county or municipal sales, use, or ad valorem taxes; provided that any general law granting or amending an exemption of state sales, use, or ad valorem taxes may authorize a county or municipality, by resolution or ordinance, to authorize the same exemption of its local sales, use, or ad valorem taxes. Any county or municipality granting an exemption as provided in this section shall provide in its resolution or ordinance the period of time in which the exemption shall be in effect.

Section 2. This act shall become effective on the first day of the third month following its passage and approval by the Governor, or its otherwise becoming law.

Taxation

Sales and Use Tax

Ad Valorem Tax

Counties

Municipalities