HB154 would extend and broaden tax abatements and credits for data processing centers and warehousing facilities located in Alabama.
It extends the period for which granting authorities can abate ad valorem taxes and construction-related transaction taxes for data processing centers and warehousing/storage facilities to up to 30 years. It also includes taxes paid on computer software used in a data processing center in the abatement. It lowers employment thresholds so more data processing centers may qualify. It expands the definition of industrial or research enterprises to include warehousing or research activity, making these activities eligible for abatements and capital credits.
Delivered to Governor at 9:22 a. m. on April 12, 2012.
Assigned Act No. 2012-210 on 04/19/2012.
Clerk of the House Certification
Signature Requested
Enrolled
Concurred in Second House Amendment
Mask motion to Concur In and Adopt adopted Roll Call 647
Concurrence Requested
Motion to Read a Third Time and Pass adopted Roll Call 468
Pittman Amendment adopted Roll Call 467.
Petition to Cease debate adopted Roll Call 466.
Third Reading Passed
Unfinished Business
Pittman motion to Adopt pending
Pittman Amendment Offered
Pittman motion to Table adopted Voice Vote
Finance and Taxation Education Amendment Offered
Unfinished Business
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the Senate committee on Finance and Taxation Education.
Motion to Read a Third Time and Pass adopted Roll Call 11
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism
Source: Alabama Legislature