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SB223 Alabama 2011 Session

Updated Jul 26, 2021
SB223 Alabama 2011 Session
Senate Bill
Expired
Current Status
Regular Session 2011
Session
1
Sponsor

Summary

Primary Sponsor
Del Marsh
Republican
Session
Regular Session 2011
Title
Data processing centers locating in Alabama, certain ad valorem tax and construction related transaction tax abatements authorized, requirements, Data Processing Center Economic Incentive Enhancement Act, Secs. 40-9B-3, 40-9B-4, 40-18-193 am'd.
Description

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.

Subjects
Taxation

Bill Actions

Indefinitely Postponed

Fiscal Responsibility and Accountability second Amendment Offered

Pending third reading on day 13 Favorable from Fiscal Responsibility and Accountability with 3 amendments

Fiscal Responsibility and Accountability third Amendment Offered

Read for the second time and placed on the calendar 3 amendments

Read for the first time and referred to the Senate committee on Fiscal Responsibility and Accountability

Bill Text

Documents

Source: Alabama Legislature