Section 40-9-25.22 - [Newly enacted section not yet numbered] Southern Research Institute(a) The Southern Research Institute is exempted from paying any state, county, and municipal sales and use taxes.(b) The Southern Research Institute shall file an annual informational report in a manner as prescribed by the Department of Revenue. The information on such reports shall be consistent with the information required by the Department of Revenue pursuant to Section 40-9-61 and rules promulgated thereunder. Information provided pursuant to this section is exempted from the confidentiality provisions of Section 40-2A-10, and shall be provided by the Department of Revenue to the Legislative Services Agency, Fiscal Division on an annual basis.Ala. Code § 40-9-25.22 (1975)
Added by Act 2017-386,§ 1, eff. 8/1/2017.