Section 40-9-25.22 - Southern Research Institute.

AL Code § 40-9-25.22 (2019) (N/A)
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(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.