FN-ZL43KRK-2
Page 1
FISCAL NOTE
House Bill 204
Committee: Finance and Taxation EducationSponsor: Representative David Faulkner
Analyst: Riley Aaron Date: 04/26/2024
House Bill 204 as passed the House of Representatives would decrease potential sales tax
receipts to the following funds by the estimated amounts shown by exempting the Birmingham
Host Committee 2025 World Police and Fire Games from the payment and collection of all
state, county, and municipal sales and use taxes:
Education Trust Fund$60,000
County Funds $15,000
Municipal Funds $60,000
Total $135,000
Further this bill would decreases potential ad valorem tax receipts to the State General Fund, the
Public School Fund, the Veterans' Assistance Fund, county funds and municipal funds by an
undetermined amount dependent upon: (1) the value of the property owned by the Committee
and exempted from tax by this bill; and (2) the applicable state and local millage rates.
Finally, this bill would decrease potential license tax receipts to the State General Fund and
county funds by an undetermined amount dependent upon the amount of license taxes exempted
by this bill that would otherwise have been paid by the Committee absent the provisions of this
bill.
All exemptions provided in this bill would expire on December 31, 2026.