Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State: | Alabama |
Effected Jurisdiction: | Alabama |
Jurisdiction type:![]() | State |
Fiscal year ending In: | 2020 |
Program name: | Other tax abatement programs (see notes) |
Program purpose:![]() | General Economic Development |
Statutory authority:![]() | Codes of Alabama sections 40-9G, 9B, 9C, and 9D |
Abating jurisdiction(s):![]() | State of Alabama |
Applicable taxes: | Property Tax; Gross Utility Tax; Sales and Use Tax |
Method of abatement:![]() | (not specified) |
Provisions for recapture:![]() | (not specified) |
Gross revenue loss:![]() | $74,280,000 |
Reimbursement / offset:![]() | $0 |
Net revenue loss:![]() | $74,280,000 |
Type of loss:![]() | Active |
Additional notes on dislosure: | These include: Reinvestment and Abatements Act (40-9G); Tax Incentive Reform Act of 1992 (40-9B); Brownfield Development Tax Abatement (40-9C); Economic Incentive Enhancement Act of 2007 (40-9D) |
Document source: | https://comptroller.alabama.gov/acfr-2/ |