Alabama AL City of Montgomery Municipality 2017 Various Sales Tax Abatements General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Industrial Development Board of Montgomery Sales Tax Exemptions on purchases (not specified) $3,300,000 $0 $3,300,000 (none) https://www.montgomeryal.gov/city-government/mayor-s-office/financial-reports 32 Alabama AL City of Montgomery Municipality 2017 Varioius economic development programs General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Industrial Development Board of Montgomery Property Tax Reductions of assessed values Some $2,073,076 $0 $2,073,076 (none) https://www.montgomeryal.gov/city-government/mayor-s-office/financial-reports 33 Alabama AL City of Montgomery Municipality 2018 Various Sales Tax Abatements General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Industrial Development Board of Montgomery Sales Tax Exemptions on purchases (not specified) $6,500,000 $0 $6,500,000 (none) https://www.montgomeryal.gov/city-government/mayor-s-office/financial-reports 69 Alabama AL City of Montgomery Municipality 2018 Varioius economic development programs General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Montgomery, Alabama; Development Board of the City of Montgomery; City of Montgomery Downtown Redevelopment Authority Property Tax Reductions of assessed values Some $1,808,072 $0 $1,808,072 Property taxes are abated through reductions of assessed values. Sales and use taxes are abated through exemptions granted on purchases for specified construction or equipment-purchase purposes. Some agreements provide for the repayment to the City of abated amounts if the entity ceases to operate its business for a certain length of time or fails to produce a certain level of employment. https://www.montgomeryal.gov/city-government/mayor-s-office/financial-reports 70 Alabama AL City of Montgomery Municipality 2019 Various Sales Tax Abatements General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Industrial Development Board of Montgomery Sales Tax Exemptions on purchases (not specified) $6,000,000 $0 $6,000,000 (none) https://www.montgomeryal.gov/city-government/mayor-s-office/financial-reports 110 Alabama AL City of Montgomery Municipality 2019 Various Property Tax Abatements General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Montgomery, Alabama Property Tax Reduction in assessed value; Tax Exemption Some $1,550,053 $0 $1,550,053 Some agreements provide for the repayment to the City of abated amounts if the entity ceases to operate its business for a certain length of time or fails to produce a certain level of employment. https://www.montgomeryal.gov/city-government/mayor-s-office/financial-reports 111 Alabama AL City of Montgomery Municipality 2020 Various Property Tax Abatements General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Montgomery, Alabama Property Tax Reduction in assessed value; Tax Exemption Some $1,677,165 $0 $1,677,165 Some agreements provide for the repayment to the City of abated amounts if the entity ceases to operate its business for a certain length of time or fails to produce a certain level of employment. https://www.montgomeryal.gov/city-government/mayor-s-office/financial-reports 158 Alabama AL City of Montgomery Municipality 2020 Various Sales Tax Abatements General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Montgomery, Alabama Sales Tax Exemptions on purchases (not specified) $4,396,000 $0 $4,396,000 (none) 159 Alabama AL City of Montgomery Municipality 2021 Various Sales Tax Abatements General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Montgomery, Alabama Sales Tax Exemptions on purchases (not specified) $2,955,900 $0 $2,955,900 (none) https://www.montgomeryal.gov/city-government/mayor-s-office/financial-reports 201 Alabama AL City of Montgomery Municipality 2021 Various Property Tax Abatements General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Montgomery, Alabama Property Tax Reduction in assessed value; Tax Exemption Some $1,680,105 $0 $1,680,105 Some agreements provide for the repayment to the City of abated amounts if the entity ceases to operate its business for a certain length of time or fails to produce a certain level of employment. 202 Alabama AL City of Montgomery Municipality 2022 Various Sales Tax Abatements General Economic Development Tax Reform Act of 1992 (Chapter 9B, Title 40, Code of Alabama 1975) and The Alabama Reinvestment & Abatements Act (Chapter 9G, Title 40, Code of Alabama 1975). Inustrial Development Board of the City of Montgomery Sales Tax Exemptions on purchases (not specified) $16,755,600 $0 $16,755,600 Some agreements provide for the repayment to the City of abated amounts if the entity ceases to operate its business for a certain length of time or fails to produce a certain level of employment. https://www.montgomeryal.gov/home/showpublisheddocument/16797/638155249385670000 229 Alabama AL City of Montgomery Municipality 2022 Various Property Tax Abatements General Economic Development Chapters 4B and 9G of the Code of Alabama 1975 Montgomery, Alabama Property Tax Reduction in assessed value Some $2,652,216 $0 $2,652,216 Some agreements provide for the repayment to the City of abated amounts if the entity ceases to operate its business for a certain length of time or fails to produce a certain level of employment. https://www.montgomeryal.gov/home/showpublisheddocument/16797/638155249385670000 230 12