This bill requires money transmission businesses in Alabama to report large or suspicious cash transactions to the state Securities Commission and imposes a 1.5% fee on outgoing international wire transfers. The collected fees would be placed in a state fund and distributed to local sheriffs to help cover immigration law enforcement costs, while taxpayers who pay these fees would receive an income tax credit to offset the charges. The legislation also establishes criminal and civil penalties for businesses that fail to comply with reporting requirements and creates a study commission to monitor how the fee proceeds are used. These provisions would remain in effect until December 31, 2030, when they are scheduled to be repealed.
This bill creates the Lauderdale County Economic Development Authority to support existing businesses, attract new industries, and coordinate economic development efforts across the county. The authority will be governed by a five-member board appointed by the county commission, which can hire an executive director and manage funds through a new Economic Development Authority Fund. To finance these efforts, the bill authorizes the county commission to levy an additional sales and use tax of up to 0.75 percent, with proceeds deposited into the fund and exempting already tax-exempt businesses from the new tax. The legislation takes effect on October 1, 2026.
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Sales Tax
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Economic Development
This bill establishes a new 8% state privilege tax on historical horse racing activities in Alabama, which would replace all existing local taxes on these operations. The tax applies to net gambling revenue from pari-mutuel wagers on computerized historical horse racing machines, excluding promotional credits and winnings from the taxable amount. By repealing specific local tax laws in Class 1 municipalities and certain counties, the bill ensures the state tax is the only tax levied on historical horse racing, while leaving taxes on live greyhound and horse racing unchanged. The legislation would take effect on October 1, 2026, and does not authorize any new gambling activities beyond what is currently permitted by law.
This bill modifies Alabama's lodging tax rules for Etowah County by changing the minimum stay requirement from 30 to 180 continuous days before the tax no longer applies. The change directly affects hotels, vacation rentals, and other lodging providers in Etowah County that offer extended-stay accommodations. Under the new provision, guests staying for 180 or more consecutive days would not be charged the lodging tax, while shorter stays would remain subject to the tax. The bill also includes minor technical updates to align the code language with current formatting standards and takes effect on October 1, 2026.
This bill modifies the lodging tax rules in Etowah County, Alabama, by increasing the required continuous stay period for tax exemption from 30 days to 180 days. It directly affects hotels, motels, inns, and other lodging establishments operating in the county by changing how long guests must stay to avoid the two percent privilege and license tax on their room charges. The bill also specifies that tax revenue collected will be split equally between tourism promotion and beautification and ecology projects, with funds managed by local commissions. The changes are set to take effect on October 1, 2026, and apply only to accommodations provided to transient guests.
This bill establishes the Steel and Advanced Manufacturing Competitiveness Act in Alabama to support local steel producers and industrial manufacturers facing challenges from global trade disruptions. It creates a $10 million annual grant program for eligible manufacturers to address trade-related hardships, fund working capital, retain skilled workers, or improve operational efficiency. The legislation also introduces a refundable income tax credit offering up to 20% of qualifying investments in advanced machinery or automation, capped at $1 million per company and $10 million statewide annually, effective for tax years 2027 through 2029. Additionally, the bill requires state infrastructure projects to prioritize domestically produced steel and components when available, establishes an export expansion initiative to help manufacturers access international markets, and creates a five-member board to monitor trade risks and recommend policy improvements.
This bill proposes adding a constitutional amendment to allow Perry County residents aged 65 or older to claim a senior property tax exemption on their primary homes. The exemption would freeze the assessed value of the property for tax purposes, protecting owners from future property value increases while they continue to live there. To qualify, homeowners must have lived in the property as their main residence for at least five years before the tax year they first claim the exemption, and they must apply in writing between October 1 and December 31. The exemption applies only to single-family owner-occupied homes and does not prevent the property from being subject to regular millage rate changes or taxes on any new additions made after claiming the exemption.
This bill modifies the Teachers' Retirement System to provide a longevity bonus to certain retirees and their beneficiaries. The key provision establishes that eligible individuals receiving monthly allowances from the system on or before September 30, 2026, will receive an additional bonus payment. The legislation also requires funding to be appropriated to the Teachers' Retirement System to cover these bonus payments. This change directly affects teachers and other public employees who are already retired and drawing benefits from the system. The bill is currently under consideration by the Senate Committee on Finance and Taxation Education.
This bill proposes a renewal process for Wilcox County, Alabama, to replace an expiring ad valorem tax that will end in 2027. The legislation authorizes the county commission to increase the local property tax rate by nine mills, raising the total from 10 mills to 19 mills, with the increase taking effect when the current tax expires. The additional tax revenue would be split between county general purposes and public schools, with two mills going to the county and seven mills to the school board. However, this tax increase requires voter approval at a future election before it can be implemented. The bill becomes effective on June 1, 2026, allowing time for the renewal process to be completed.
This bill establishes the Rural Industry Reshoring and Reinvestment Act to attract manufacturing and supply chain companies to rural areas of Alabama by offering financial incentives. It creates a tax credit program that provides eligible businesses with up to 5% of qualifying payroll for up to 10 years when they create at least 15 full-time jobs with wages at or above the county median, plus an additional 10% bonus for projects that replace imported supply chains. The legislation also sets up a grant program to fund infrastructure improvements like roads, utilities, and broadband at rural industrial sites, with a separate grant for job creation based on the number of new positions. The Department of Commerce will designate specific rural areas as opportunity zones based on population and economic indicators, and these designations will be reviewed every three years.
