| Old | New | Differences | |
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| 1 | 1 | HB350INTRODUCED | |
| 2 | 2 | Page 0 | |
| 3 | 3 | HB350 | |
| 4 | 4 | V2UKPPL-1 | |
| 5 | 5 | By Representative Blackshear | |
| 6 | 6 | RFD: Ways and Means Education | |
| 7 | 7 | First Read: 27-Feb-25 | |
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| 12 | 12 | 5 V2UKPPL-1 02/06/2025 RA (F)RA 2025-500 | |
| 13 | 13 | Page 1 | |
| 14 | 14 | First Read: 27-Feb-25 | |
| 15 | 15 | SYNOPSIS: | |
| 16 | 16 | This bill would exempt the Greater Peace | |
| 17 | 17 | Community Development Corporation from payment of state | |
| 18 | 18 | sales and use taxes and would provide for | |
| 19 | 19 | municipalities and counties to exempt this entity from | |
| 20 | 20 | local sales and use taxes. | |
| 21 | 21 | A BILL | |
| 22 | 22 | TO BE ENTITLED | |
| 23 | 23 | AN ACT | |
| 24 | 24 | Relating to sales and use taxes; to exempt the Greater | |
| 25 | 25 | Peace Community Development Corporation from payment of state | |
| 26 | 26 | sales and use taxes; to provide for counties and | |
| 27 | 27 | municipalities to exempt this entity from local sales and use | |
| 28 | 28 | taxes. | |
| 29 | 29 | BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: | |
| 30 | 30 | Section 1. (a) The Greater Peace Community Development | |
| 31 | 31 | Corporation is exempt from paying the state portion of any | |
| 32 | 32 | sales and use taxes. | |
| 33 | 33 | (b) The exemption provided in this section shall not | |
| 34 | 34 | apply to county or municipal sales or use taxes unless | |
| 35 | 35 | approved by resolution or ordinance adopted by the local | |
| 36 | 36 | governing body. | |
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| 64 | 64 | 28 HB350 INTRODUCED | |
| 65 | 65 | Page 2 | |
| 66 | 66 | governing body. | |
| 67 | 67 | Section 2. This act shall become effective on September | |
| 68 | 68 | 1, 2025. | |
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