HB 422·AL·house
Taxation; Greater Peace Community Corporation, exempt from sales and use tax
Passed One ChamberFiled Feb 10, 2026
Sponsor: Jeremy Gray (D)
Latest Action
Third Reading in House of Origin
Mar 3, 2026
Summary
The bill removes the state sales and use tax liability for the Greater Peace Community Development Corporation and lets counties and municipalities also waive local sales and use taxes for the entity. It applies to the corporation and any local jurisdiction that chooses to grant the exemption, reducing its overall tax burden. The exemptions become effective on September 1, 2026.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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