« Return to search form

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.

StateAlabama
Effected JurisdictionAlabama
Jurisdiction type: State
Fiscal year ending In2018
Program nameVarious Other Tax Abatement Programs
Program purpose: General Economic Development
Statutory authority: Code of Alabama, section 40-9G; section 40-9B; section 40-9C; section 40-9D
Abating jurisdiction(s): State of Alabama
Applicable taxesProperty Tax; Gross Utility Taxes; Sales and Use Taxes
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $99,607,000
Reimbursement / offset: $0
Net revenue loss: $99,607,000
Type of loss: Active
Additional notes on dislosureThese include Reinvestment and Abatement Act, the Tax Incentive Reform Act, the Brownfield Development Tax Abatement, and the Economic Incentive Enhancement Act of 2007
Document sourcehttps://comptroller.alabama.gov/acfr-2/