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.
State:
Alabama
Reporting Jurisdiction:
Alabama
Jurisdiction type
:
State
:
Fiscal year ending In:
2018
Program name:
Various Other Tax Abatement Programs
Program purpose:
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 taxes:
Property Taxes; 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 dislosure:
These include Reinvestment and Abatement Act, the Tax Incentive Reform Act, the Brownfield Development Tax Abatement, and the Economic Incentive Enhancement Act of 2007
