Alabama 2024 Regular Session

Alabama House Bill HB257

Introduced
2/28/24  
Introduced
2/28/24  
Refer
2/29/24  
Refer
2/28/24  
Report Pass
4/10/24  
Refer
2/29/24  
Engrossed
4/16/24  
Report Pass
4/10/24  
Refer
4/18/24  
Engrossed
4/16/24  

Caption

Alabama Adventure Awaits sales tax holiday created; to exempt certain items from sales tax during the first weekends in March and August

Impact

The enactment of HB 257 is anticipated to have a significant financial impact on both consumers and state revenue. By exempting select outdoor recreation items, it aims to stimulate local economies, particularly in areas frequented by outdoor enthusiasts. The bill also allows local jurisdictions to opt into providing similar exemptions, enabling communities to align state-level benefits with local economic goals. Importantly, the updated sales tax laws will encourage families to invest in outdoor gear, contributing to public health and economic development in Alabama.

Summary

House Bill 257, also known as the Alabama Adventure Awaits Sales Tax Holiday Act, introduces a biennial sales tax holiday that allows for the exemption of certain outdoor-related items from state sales tax. Scheduled to take place annually in the first weekends of March and August, the bill seeks to promote outdoor recreational activities by decreasing costs for residents who purchase items related to hunting, fishing, camping, and youth sports. Items eligible for this exemption include various supplies and equipment that encourage Alabamians to engage with their natural environment and enjoy family time outdoors.

Sentiment

Overall sentiment surrounding HB 257 appears to be positive, particularly among outdoor enthusiasts and retailers who stand to benefit from increased sales during the tax holiday periods. Supporters argue that the legislation promotes family engagement in outdoor activities and supports the state’s hunting and fishing culture. However, there may be some concerns about the potential loss of tax revenue for the state and local governments, which could spur debate about the allocation of financial resources amidst budgetary constraints.

Contention

There are notable points of contention regarding the potential long-term implications of HB 257. Critics may argue that while immediate benefits to consumers and local businesses are clear, the periodic loss of sales tax revenue could impact state funding for essential services. Additionally, the bill’s focus on specific outdoor items raises questions about fairness and whether such tax exemptions should be broader in scope to include other necessary purchases for families and recreational activities.

Companion Bills

No companion bills found.

Previously Filed As

AL SB209

Taxation; to adjust the dollar value cap based on Consumer Price Index, of certain items exempt from sales tax during certain weekends

AL HB315

Taxation; to adjust the dollar value cap based on Consumer Price Index (CPI) of certain items exempt from sales tax during certain weekends

AL HB277

2A Holiday sales tax holiday created; to exempt certain items from sales tax from the period between Memorial Day and the Fourth of July

AL S2142

Establishes annual sales tax holiday for certain sales of personal computers and certain sales of school supplies and equipment during first full weekend of August.

AL HB24

Expands the Annual Louisiana Second Amendment Weekend Holiday exemption and repeals other state sales tax holidays (Item #7) (EG +$400,000 GF RV See Note)

AL AB2274

Taxation: sales and use taxes: exemption: school supplies tax holiday.

AL HB120

Relating to sales and use tax; to establish the Alabama Broadband Investment Maximization Act; to amend Section 40-23-4, Code of Alabama 1975, to exempt the purchase of broadband equipment and supplies from sales and use tax.

AL AB1249

Sales and use taxes: exemption: tax holiday: school supplies.

AL AB217

Sales and use taxes: exemption: tax holiday: school supplies.

AL HB51

Taxation, sales tax exemptions, sales and use tax exemption provided for purchases of hearing instruments, including hearing aids.

Similar Bills

No similar bills found.