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)