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Tax Break Tracker Individual Entry

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.

Effected JurisdictionAlabama
Jurisdiction type: State
Fiscal year ending In2022
Program nameOther tax abatement programs (see notes)
Program purpose: General Economic Development
Statutory authority: Codes of Alabama sections 40-9G, 40-9B, 40-9C, and 40-9D
Abating jurisdiction(s): State of Alabama
Applicable taxesProperty Tax; Gross Utility Tax; Sales and Use Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $140,600,000
Reimbursement / offset: $0
Net revenue loss: $140,600,000
Type of loss: Active
Additional notes on dislosureThese 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 sourcehttps://comptroller.alabama.gov/wp-content/uploads/2023/04/ACFR-2022.Ala...