This bill amends Section 40-9-31.1 of the Code of Alabama 1975 to include the Alabama School of Healthcare Sciences Foundation in the list of organizations exempt from state, county, and municipal sales and use taxes. The current law previously exempted only 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 specific legal language being added includes the insertion of "and the Alabama School of Healthcare Sciences Foundation," while the previous effective date of "January 1, 2021" is deleted.

The act is set to take effect on June 1, 2025, following its passage in the House on April 24, 2025, and in the Senate on May 6, 2025. This change aims to provide tax relief to the Alabama School of Healthcare Sciences Foundation, aligning it with other educational foundations that already benefit from similar exemptions.

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