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 in some cases additional incentives are required to succeed in recovering brownfield sites and therefore intends to allow county and municipal governments to provide substantial tax incentives as an inducement to recovering land pursuant to Chapter 30E, beginning with Section 22-30E-1, of Title 22, the Alabama Land Recycling and Economic Redevelopment Act.
Structure Code of Alabama
Title 40 - Revenue and Taxation.
Chapter 9C - Brownfield Development Tax Abatement.
Section 40-9C-1 - Short Title.
Section 40-9C-2 - Legislative Findings.
Section 40-9C-3 - Definitions.
Section 40-9C-4 - Authorization of Abatement.
Section 40-9C-5 - Granting of Abatement.