The Alabama Governor signed a law that includes allowing Class 2 municipalities to include up to 50 percent of the total value of equalized taxable property to be included in tax increment districts within the municipality. The law takes effect on Oct. 1. [H.B. 142, enacted 02/24/26]
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.