The Alabama Governor June 9 signed a law concerning the Toll Road, Bridge and Tunnel Authority Act and providing exemptions from state and local taxation. The law includes measures: 1) clarifying that individual income, corporate income, trust income, and excise or license taxes aren’t levied upon or collected with respect to any corporate activities of the authority or any of their revenues, income, or profit; 2) clarifying that no ad valorem tax for any public improvement is levied upon or collected with respect to any toll road, bridge, or tunnel project during any time that title to the project is...