Alabama 2024 2024 Regular Session

Alabama House Bill HB298 Introduced / Fiscal Note

                    FN-EEIN22C-2
Page 1
FISCAL NOTE 
House Bill 298
Committee: Finance and Taxation EducationSponsor: Representative Neil Rafferty
Analyst: Riley Aaron	Date: 04/29/2024
House Bill 298 as passed the House of Representatives would decrease sales and use tax
receipts to the Education Trust Fund by an estimated $1,800 annually, beginning in Fiscal Year
2025, based on information provided by the entities, by exempting the Lieutenant General
Victor "Brute" Krulak Detachment (#1415) and the National Montford Point Marine
Association, Inc. Mobile Chapter #33 from paying state sales and use taxes.
This bill could also decrease sales and use tax receipts to county and municipal funds by an
estimated total of $2,700 annually, beginning in Fiscal Year 2025, based on information
provided by the entities, if the respective local governments adopt an exemption from local sales
and use tax, pursuant to this bill.