Committee: Ways and Means EducationSponsor: Grimsley
Analyst: JT MathisDate: 03/16/2022

FISCAL NOTE

House Bill 465 as substituted and reported by the Committee on Ways and Means Education would exempt the Alabama State Missionary Baptist Convention and its members that are in good standing from all state, county, and municipal sales and use taxes which would decrease receipts to the Education Trust Fund, county, and municipal funds by an undetermined amount dependent upon the amount of taxes that would otherwise be collected.

In addition, this bill requires the Convention to provide an annual report of its members in good standing to the Department of Revenue.


 Danny Garrett, Chair
Ways and Means Education