Code of Alabama
Part 2 - Tourism.
Section 45-39-221.10 - Exemption From Taxation.

All property of the tourism board, whether real, personal, or mixed, and the income therefrom, all notes or other evidences of indebtedness executed or issued by the tourism board and the income therefrom, and all instruments executed as security therefor, all leases made pursuant to this part and all revenues derived from any such leases, and all deeds and other documents executed by or delivered to the tourism board, shall be exempt from any and all taxation by the state, or by the county, any municipality, or any other political subdivision of the state, including, but without limitation to, license and excise taxes imposed in respect of the privilege of engaging in any of the activities in which the tourism board may engage. The tourism board shall not be obligated to pay or allow any fees, taxes, or costs to the judge of probate of any county in respect of the recording of any document. Further, the gross proceeds of the sale of any property used in the construction and equipment of any properties for the tourism board, regardless of whether such sale is to the tourism board or to any contractor or agent thereof, shall be exempt from the sales tax imposed by Article 1, commencing with Section 40-23-1, of Chapter 23 of Title 40, and from all other sales and similar excise taxes now or hereafter levied on or with respect to the gross proceeds of any such sale by the state or by the county, any municipality, or any other political subdivision or instrumentality of any thereof; and any property used in the construction and equipment of any property for the tourism board, regardless of whether such property has been purchased by the tourism board or by any contractor or agent thereof, shall be exempt from the use tax imposed by Article 2, commencing with Section 40-23-60, of Chapter 23 of Title 40, and all other use and similar excise taxes now or hereafter levied on or with respect to any such property by the state, the county, any municipality, or any other political subdivision or instrumentality of any thereof.

Structure Code of Alabama