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:
Historic Rehabilitation Program
Program purpose
:
Historic preservation
Statutory authority
:
Code of Alabama, Section 40-9F-4
Abating jurisdiction(s)
:
State of Alabama
Applicable taxes:
Income Taxes; Financial Institution Excise Taxes
Method of abatement
:
Tax abatement
Provisions for recapture
:
(not specified)
Gross revenue loss
:
$14,980,000
Reimbursement / offset
:
$0
Net revenue loss
:
$14,980,000
Type of loss
:
Active
Additional notes on dislosure:
(none)