SB212 Alabama 2016 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Broadband telecommunications network facility, exempt from taxation for 10 years on facility built after January 1, 2016, Secs. 40-21-6, 40-21-9, 40-21-17, 40-21-18, 40-21-20, 40-21-21 am'd.
Description
This bill would encourage accelerated investment in broadband infrastructure by private business by providing a 10-year property tax exemption for qualifying high-speed broadband telecommunications network facilities constructed after January 1, 2016
To amend Sections 40-21-6, 40-21-9, 40-21-17, 40-21-18, 40-21-20, and 40-21-21 of the Code of Alabama 1975; to provide a 10-year property tax exemption for qualifying high-speed broadband telecommunications network facilities constructed after January 1, 2016.
Subjects
Tax Exemptions
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 11, 2016 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB212 Alabama 2016 Session - Introduced |