Will Alabama cut its state grocery tax again?

If an act permanently lowering the state sales and use tax on food (SNAP-eligible groceries) below 2% is enacted in Alabama before Jul 1, 2027, then the market resolves to Yes.

Enactment requires completion of all constitutional and legal requirements for the legislation to become binding law. Standard legislation requiring executive approval: final passage by all required legislative bodies, executive signature OR becoming law despite executive inaction OR successful veto override, and satisfaction of any required waiting periods Legislation not requiring executive approval: final passage and completion of required waiting periods Constitutional amendments: passage with required supermajorities and completion of ratification processes Executive orders: official signature, publication in official government records, and legal effectiveness The following do NOT constitute enactment: Legislative passage without completed executive action Passage by only some required bodies Provisional passage Non-binding resolutions Draft orders Enactment occurs when all requirements are completed, regardless of pending judicial challenges.

opened

Aug 17 · 7:00 PM UTC

closes

Jul 1, 2027 · 3:59 AM UTC · may close early

settles by

Jul 8, 2027 · 2:00 PM UTC

ticker

KXLOCALLAW-ALSNAP-27JUL01