Alabama Budget & Taxes Bills

State employees, cost-of-living increase for fiscal year beginning October 1, 2026

Sales Tax; to exempt Precision Ocular

Supplemental appropriations for the fiscal year ending September 30, 2026

Tax abatements for data processing centers, exemption period limited, collection of certain taxes on purchases required, sunset date extended

Choctaw County; ad valorem taxes, county commission authorized to increase, proceeds provided for

Alabama Uniform Trust Code; amended to conform with Alabama Qualified Dispositions in Trust Act, limit property subject to creditors' claims

Public utilities; maximum fees payable to directors of certain public utility corporations increased, terms of certain directors extended

State Board of Adjustment, provide death benefit to survivors of volunteer firefighters who die of cancer

Etowah County, privilege and license tax on lodging, time of continuous supply for tax exemption increased

Appropriations, supplemental appropriations from the Opioid Treatment and Abatement Fund for the fiscal year ending September 30, 2026

Individual income taxes, to allow an exclusion from gross income for contributions to Trump Accounts and to make permanent the exclusion for amounts paid by an employer on any qualified education loan.

Firefighter distinctive license plate; fire chaplains included, penalty for violations provided for

Tax abatement and tax incentive programs, NAICS Code references and definitions updated to latest terms

Legal tender; authorizing the rounding of in-person cash transactions to the nearest five cents

Montgomery County; legislative delegation, office and fund established

Individual income taxes; deduction for qualified overtime income established.

Elections; municipal elections, to set qualification fee amounts, to require indigent candidates to submit documentation for fee exemption

Alabama Charter School Finance Authority, bonding authority established, legislative findings, board membership, powers, contracts, investments

Homestead Exemptions; removing the annual verification requirement for qualifying permanently and totally disabled veterans

Education Trust Fund Advancement and Technology Fund, appropriations for the fiscal year ending September 30, 2026