SB463 Alabama 2012 Session
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Bill Summary
Sponsors
Session
Regular Session 2012
Title
Alabama Tourism Attraction Incentive Act, established, tax incentive and capital credits authorized for certain tourism attractions, Secs. 40-9B-3, 40-18-190, 40-18-193 am'd
Description
<p class="bill_description"> This bill would allow granting authorities
to abate certain ad valorem taxes and construction
related transaction taxes for tourism destination
attractions located in the State of Alabama by
expanding the definition of industrial or research
enterprises to include tourism destination
attractions</p><p class="bill_description">
This bill would also provide that tourism
destination attractions are eligible for capital
credits</p><p class="bill_entitled_an_act"> To amend Sections 40-9B-3, 40-18-190, and 40-18-193,
Code of Alabama 1975, to allow the governing body of a
municipality, county, or a public industrial authority to
grant abatements of certain ad valorem taxes and construction
related transaction taxes to private users of tourism
destination attractions for a period of up to 10 years and to
enable tourism destination attractions to qualify for capital
credits.
</p>
Subjects
Alabama Tourism Attraction Incentive Act
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 8, 2012 | Pending third reading on day 28 Favorable from Ways and Means Education | |
| May 8, 2012 | Read for the second time and placed on the calendar | |
| May 2, 2012 | Read for the first time and referred to the House of Representatives committee on Ways and Means Education | |
| May 2, 2012 | Engrossed | |
| May 1, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 884 | |
| May 1, 2012 | Scofield motion to Adopt adopted Roll Call 883 | |
| May 1, 2012 | Scofield Amendment Offered | |
| May 1, 2012 | Scofield motion to Adopt adopted Roll Call 882 | |
| May 1, 2012 | Scofield motion to Table adopted Voice Vote | |
| May 1, 2012 | Finance and Taxation General Fund Amendment Offered | |
| May 1, 2012 | Third Reading Passed | |
| May 1, 2012 | Finance and Taxation General Fund Amendment Offered | |
| April 19, 2012 | Read for the second time and placed on the calendar 2 amendments | |
| April 5, 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 | SB463 Alabama 2012 Session - Introduced |
| Bill Text | SB463 Alabama 2012 Session - Engrossed |