Relating to taxation; to exempt the Alabama Eye Bank from sales and use taxes

SB 120 proposes to exempt the Alabama Eye Bank from paying state, county, and municipal sales and use taxes. This exemption would directly affect the Alabama Eye Bank by reducing its operating costs. The bill specifies that this tax relief would be in effect for a five-year period, commencing on October 1, 2025, and concluding on September 30, 2030, unless further legislative action extends it.