Alabama DOR Amends Tangible Personal Property Tax Exemption Rule

The Alabama Department of Revenue (DOR) adopted amendments to the tangible personal property tax exemption rule. The regulation increases the state ad valorem tax exemption for business tangible personal property from $40,000 to $100,000 in market value for tax years beginning in 2026. It clarifies procedures for counties and municipalities to adopt a parallel local exemption. The regulation takes effect May 15. [Ala. Dep’t of Revenue, Reg. Section 810-4-1-.14, 03/31/26, Ala. Admin. Monthly]