SB167 Alabama 2012 Session

Updated Jul 25, 2021

Summary

Primary Sponsor: Cam Ward
Republican
Co-Sponsors: Tom Whatley Gerald O. Dial Clay Scofield Phillip W. Williams Paul Bussman Dick Brewbaker Greg J. Reed Scott Beason Arthur Orr Del Marsh J.T. Waggoner Mark Slade Blackwell
Session: Regular Session 2012
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

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund