The bill amends Section 40-9-31.1 of the Code of Alabama 1975 to include the Alabama School of Healthcare Sciences Foundation as an entity exempt from the payment of all state, county, and municipal sales and use taxes. This addition is part of a broader exemption that already includes the Alabama School of Fine Arts Foundation, the Alabama High School of Mathematics and Science Foundation, and the Alabama School of Cyber Technology and Engineering Foundation. The language that previously specified a start date of January 1, 2021, for these exemptions has been deleted.

The act is set to take effect on June 1, 2025, and it aims to provide financial relief to the Alabama School of Healthcare Sciences Foundation by eliminating their tax obligations. This legislative change reflects a commitment to support educational institutions in Alabama, particularly those focused on healthcare education.

Statutes affected:
Introduced: 40-9-31
Engrossed: 40-9-31
Enrolled: 40-9-31