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: | City of Hoover |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2020 |
| Program name: | Various tax abatement programs |
| Program purpose: | General Economic Development |
| Statutory authority: | Tax Incentive Reform Act of 1992 |
| Abating jurisdiction(s): | Hoover |
| Applicable taxes: | Sales and Use Tax; Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $1,488,316 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $1,488,316 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
