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: | 2022 |
| Program name: | Other 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 taxes: | Property 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 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/wp-content/uploads/2023/04/ACFR-2022.Ala... |
