The bill proposes an exemption from the state sales and use tax for honeybees and their byproducts, effective from October 1, 2024, until September 30, 2029, unless extended by the Legislature. Specifically, it states that the gross proceeds from the sale of honeybees, including their inputs and byproducts, will be exempt from the state sales and use tax as outlined in Section 40-23-2 of the Code of Alabama 1975. The term "honeybee byproducts" is defined to include various substances produced by honeybees, such as propolis, royal jelly, beeswax, honeycombs, bee venom, and honeybee pollen, but explicitly excludes honey itself.

Additionally, the bill clarifies that the sales tax exemption does not apply to county or municipal sales or use taxes unless a local governing body adopts a resolution or ordinance to approve it. The act is set to take effect on October 1, 2024, and includes the insertion of new legal language regarding the exemption while making no deletions from existing law.

Statutes affected:
Introduced: 40-23-2
Engrossed: 40-23-2
Enrolled: 40-23-2