(a) Effective October 1, 2022, all airplanes, airships, and other aircrafts listed in Section 40-11-1 shall be valued and assessed by the Department of Revenue.
(b) The Department of Revenue may adopt rules for the implementation and administration of this section.
Structure Code of Alabama
Title 40 - Revenue and Taxation.
Chapter 11 - Subjects of Taxation and Date Taxes Due.
Section 40-11-1 - Enumeration of Subjects of Taxation.
Section 40-11-2 - Property and Activities of United States and Its Agencies.
Section 40-11-3 - Taxation of Federal Property Where Immunity Waived, Etc.
Section 40-11-4 - When Taxes Become Due and Payable.
Section 40-11-6 - Valuation and Assessment of Certain Aircraft.