Committee: Ways and Means Education | Sponsor: Faulkner |
Analyst: Jessica Perez | Date: 04/16/2021 |
FISCAL NOTE
House Bill 626 as introduced would exempt the Birmingham Holocaust Education Center from paying any state, county, and municipal sales and use taxes on capital expenditures, through December 31, 2023. This bill would reduce sales and use tax receipts to the Education Trust Fund (ETF) and county and municipal funds by the following estimated amounts due to an upcoming project:
Education Trust Fund | $44,600 |
County Funds | $11,150 |
Municipal Funds | $44,600 |
Total | $100,350 |
Bill Poole, Chair Ways and Means Education |