Alabama HB539 revises tax abatement procedures for local governments.
Alabama HB539 amends the Code of Alabama to revise the process for local governments to abate state taxes. The bill requires a recommendation from the Secretary of Commerce and approval from the Governor before a municipality, county, or public industrial authority can abate the state portion of certain taxes. The bill also makes technical corrections to clarify the tax abatement process.
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- Legal Framework
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