The proceeds from the sale or resale of any vacation time-sharing lease plan shall be exempt from the Transient Occupancy Tax imposed by Section 40-26-1. (Acts 1983, No. 83-670, p. 1035, §16.)
Proceeds from Sale, Etc., of Lease Plan Exempt from Transient Occupancy Tax
Ala. Code § 34-27-65, under Vacation Time-Sharing Plans.
Ala. Code § 34-27-65