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143 chapters · 3,669 sections in this title.
Ala. Code § 11-99-1 Legislative Findings and Declarations
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(a) Act 2013-51 shall be known and may be cited as the Major 21st Century Manufacturing Zone Act. (b)(1) It is hereby found and declared that there exist in municipalities and counties of the state blighted or economically distressed areas which constitute a serious and growing p…
Ala. Code § 11-99-10 Equalized Valuation for Apportionment of Property Taxes
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(a) If it can be shown that losing tax increments would be harmful to any given taxing authority or cause a taxing authority not to honor a prior binding commitment, by contract executed with the public entity creating a tax increment district prior to the designation of the tax …
Ala. Code § 11-99-11 Construction
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(a) Any reference to the Major 21st Century Manufacturing Zone Act contained in this chapter shall not be construed to expand the scope, authority, or powers of a public entity beyond what is expressly permitted in this chapter when utilizing a tax increment district. (b) Nothing…
Ala. Code § 11-99-2 Definitions
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As used in this chapter, the following terms have the following meanings: (1) BLIGHTED OR ECONOMICALLY DISTRESSED AREA. Any of the following: a. Any area in which the structures, buildings, or improvements, by reason of dilapidation, deterioration, age, or obsolescence; inadequat…