This bill would extend the period of time that granting authorities can abate certain ad valorem taxes and construction related transaction taxes for data processing centers located in the State of Alabama in order to encourage data processing centers to locate in the State of Alabama to up to 30 years. The bill would also include taxes paid on computer software used in a data processing center in the taxes that would be abated.
This bill would lower certain employment thresholds so that more data processing centers may qualify.
Pending third reading on day 26 Favorable from Fiscal Responsibility and Accountability
Read for the first time and referred to the Senate committee on Fiscal Responsibility and Accountability
Read for the second time and placed on the calendar
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 581
Motion to Adopt adopted Roll Call 580
Economic Development and Tourism first Substitute Offered
Third Reading Passed
Read for the second time and placed on the calendar with 1 substitute and
Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism
Source: Alabama Legislature