SB400 Alabama 2012 Session
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Bill Summary
Sponsors
Session
Regular Session 2012
Title
Tax abatement incentives provided for properties damaged by tornados or storm that are disqualified, Sec. 40-9B-13 am'd; Act 2011-709, 2011 Reg. Sess., am'd
Description
This bill would allow tax abatement incentive protection for properties that would otherwise be disqualified when required to relocate because of a tornado or other natural disaster
To amend Act 2011-709 of the 2011 Regular Session, now appearing as Section 40-9B-13, Code of Alabama 1975, to provide further protection of tax abatements in the event of tornados or other natural disasters; and to provide retroactive effect.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 26, 2012 | Pending third reading on day 24 Favorable from Commerce and Small Business | |
| April 26, 2012 | Read for the second time and placed on the calendar | |
| April 19, 2012 | Read for the first time and referred to the House of Representatives committee on Commerce and Small Business | |
| April 19, 2012 | Engrossed | |
| April 19, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 701 | |
| April 19, 2012 | Reed motion to Adopt adopted Roll Call 700 | |
| April 19, 2012 | Finance and Taxation General Fund first Substitute Offered | |
| April 19, 2012 | Third Reading Passed | |
| April 12, 2012 | Read for the second time and placed on the calendar with 1 substitute and | |
| March 15, 2012 | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB400 Alabama 2012 Session - Engrossed |
| Bill Text | SB400 Alabama 2012 Session - Introduced |