Alabama Property Tax Exemptions (Alabama)
Last modified on February 12, 2015.
EZFeed Policy
Place | Alabama
|
---|---|
Applies to States or Provinces | Alabama |
Name | Alabama Property Tax Exemptions (Alabama) |
Policy Category | Financial Incentive |
Policy Type | Property Tax Incentive |
Affected Technologies | Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy |
Active Policy | Yes |
Implementing Sector | State/Province
|
Program Administrator | Alabama Department of Revenue |
Primary Website | http://www.ador.state.al.us/advalorem/exemptions/exemptions.htm
|
Last Review | 2014-09-15
|
Summary
Alabama Property Tax Exemptions are offered through the Alabama Department of Revenue. Relevant exemptions to energy generation facilities are abatements for air and water pollution control device and industrial purposes. There is no minimum amount of investment required to qualify a new project for abatement. An addition, however, to an existing project requires an investment of the lesser of 30% of the original cost of the existing facility or $2 million.
References