SB379 Alabama 2018 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2018
Title
Taxation, tax abatements, authorized for data processing centers, extended for five years, Sec. 40-9B-4.1 amd.
Description
<p class="bill_description"> Under existing law, the Tax Incentive Reform
Act of 1992 provides certain sales and property tax
abatements for data processing centers and the
incentives are due to expire after December 31,
2018</p><p class="bill_description">
This bill would reauthorize the tax
abatements for an additional five-year period</p><p class="bill_entitled_an_act"> To amend Section 40-9B-4.1, Code of Alabama 1975,
relating to tax abatements for data processing centers; to
extend the tax abatements for an additional five-year period.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 15, 2018 | S | Pending third reading on day 21 Favorable from Finance and Taxation Education |
| March 15, 2018 | S | Read for the second time and placed on the calendar |
| March 8, 2018 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 14, 2018 | Room 727 *Public Hearing & Vote* at 10:30 | Senate F&TE Hearing |
| Hearing | April 27, 2017 | Room 727 at 09:30 | Senate T&E Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB379 Alabama 2018 Session - Introduced |