HB201 Alabama 2016 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Taxation, division of tax proceeds from abatements, Sec. 40-9B-5 am'd.
Description
<p class="bill_description"> Under existing law, certain tax abatements
and incentives are allowed to encourage capital
reinvestment by businesses in Alabama into their
current operations and would grant additional
authority to abate noneducational ad valorem taxes</p><p class="bill_description">
This bill would provide that if a
municipality, county, or industrial development
board or authority abating a county or municipal
tax receives payments, contributions, or other
financial or in-kind awards from a private user,
related party, or other entity in exchange for the
abatement, the payment, contribution, or other
financial or in-kind contribution shall be divided
between the municipality and county based upon the
portion of the tax proceeds the municipality or
county would have been paid if the tax was not
abated by the authority except for an industrial
development board or authority which has board
members appointed by the affected county commission
and one or more municipalities located within the
county</p><p class="bill_entitled_an_act"> To amend Section 40-9B-5, Code of Alabama 1975, as
amended by Act 2015-24, 2015 Regular Session, relating to
granting of abatements; to provide that if a municipality
county, or industrial development board or authority abating a
county or municipal tax receives payments, contributions, or
other financial or in-kind awards from a private user, related
party, or other entity in exchange for the abatement, the
payment, contribution, or other financial or in-kind
contribution shall be divided between the municipality and
county based upon the portion of the tax proceeds the
municipality or county would have been paid if the tax was not
abated by the authority except for an industrial development
board or authority which has board members appointed by the
affected county commission and one or more municipalities
located within the county.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 4, 2016 | H | Delivered to Governor at 11:00 a.m. on May 4, 2016. |
| May 4, 2016 | H | Assigned Act No. 2016-403. |
| May 4, 2016 | H | Clerk of the House Certification |
| May 4, 2016 | S | Signature Requested |
| May 3, 2016 | H | Enrolled |
| May 3, 2016 | S | Concurred in Second House Amendment |
| May 3, 2016 | H | Poole motion to Concur In and Adopt adopted Roll Call 827 |
| May 3, 2016 | H | Concurrence Requested |
| May 3, 2016 | S | Motion to Read a Third Time and Pass adopted Roll Call 938 |
| May 3, 2016 | S | Dial motion to Adopt adopted Roll Call 937 |
| May 3, 2016 | S | Dial Amendment Offered |
| May 3, 2016 | S | Dial motion to Adopt adopted Roll Call 936 |
| May 3, 2016 | S | Dial first Substitute Offered |
| May 3, 2016 | S | Third Reading Passed |
| May 3, 2016 | S | Pittman motion to Carry Over to the Call of the Chair adopted Voice Vote |
| May 3, 2016 | S | Pittman motion to Adopt adopted Roll Call 924 |
| May 3, 2016 | S | County and Municipal Government zeroeth Substitute Offered |
| May 3, 2016 | S | Third Reading Carried Over to Call of the Chair |
| May 3, 2016 | S | Pittman motion to Carry Over to the Call of the Chair adopted Voice Vote |
| May 3, 2016 | S | Scofield motion to Table lost Roll Call 907 |
| May 3, 2016 | S | County and Municipal Government first Substitute Offered |
| May 3, 2016 | S | Third Reading Carried Over to Call of the Chair |
| April 13, 2016 | S | Read for the second time and placed on the calendar with 1 substitute and |
| April 5, 2016 | S | Read for the first time and referred to the Senate committee on County and Municipal Government |
| March 23, 2016 | H | Motion to Read a Third Time and Pass adopted Roll Call 419 |
| March 23, 2016 | H | Third Reading Passed |
| February 17, 2016 | H | Read for the second time and placed on the calendar |
| February 11, 2016 | H | Read for the first time and referred to the House of Representatives committee on County and Municipal Government |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 13, 2016 | Room 727 at 08:30 | Senate C&MG Hearing |
| Hearing | February 17, 2016 | Room 123 REVISED AGENDA at 13:30 | House C&MG Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB201 Alabama 2016 Session - Introduced |