Title 40 — Title 40
0 chapters · 2,056 sections in this title.
Ala. Code § 40-9C-1 Short Title
0.2K chars
REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. This chapter shall be known and may be cited as the Brownfield Development Tax Abatement Act. History: (Act 2004-245, p. 334, §1.)
Ala. Code § 40-9C-2 Legislative Findings
0.7K chars
REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. The Legislature recognizes the importance of recovering and reusing previously utilized property to the well-being of the people of the state. The Legislature also recognizes that i…
Ala. Code § 40-9C-3 Definitions
3.7K chars
REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. For purposes of this chapter, the following words and phrases shall have the following meanings: (1) ABATE, ABATEMENT. A reduction or elimination of a taxpayer’s liability for tax. …
Ala. Code § 40-9C-4 Authorization of Abatement
2.6K chars
REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. (a) Noneducational ad valorem taxes, construction related noneducation transaction taxes, except those construction related transaction taxes levied for educational purposes or for …
Ala. Code § 40-9C-5 Granting of Abatement
1.2K chars
REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. (a) Subject to the geographical or jurisdictional limitations specified in subsection (b), the governing body of a municipality or a county may grant abatements of all of the taxes …
Ala. Code § 40-9C-6 Procedure for Granting Abatement
2.0K chars
REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. (a) Subject to the limitations set out in Section 40-9C-5, any person who proposes to become a private user of brownfield development property or of a major addition thereto may app…
Ala. Code § 40-9C-7 Exemption of Certain Purchases of Tangible Personal Property Used in Constructing
1.0K chars
Brownfield Development Property. REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. Notwithstanding any other laws, and subject to the limitations set out in Section 40-9C-5, the gross proceeds of the sale to, or the storage, use, o…
Ala. Code § 40-9C-8 Rules and Regulations
0.3K chars
REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. The Department of Revenue shall adopt all necessary rules, regulations, and orders needed to implement and administer this chapter. History: (Act 2004-245, p. 334, §8.)
Ala. Code § 40-9C-9 Repeal of Incentives
0.5K chars
(a) The Brownfield Development Tax Abatement Act, Chapter 9C, of Title 40, commencing with Section 40-9C-1, is repealed effective December 31, 2028, unless extended by an act of the Legislature prior to that date for no more than five additional years. (b) The repealing of the in…