Alabama Statutes
§ 11-71-11 — Income Tax Credit
Alabama·Title 11 Counties and Municipal Corporations·Ch. 71 The Neighborhood Infrastructure Incentive Plan Act of 2011
Each homeowner and business assessed pursuant to this chapter, beginning in the 2012 tax year, shall be eligible for an income tax credit of 10 percent of the amount of assessment paid, not to exceed one thousand dollars ($1,000) credit in any tax year, for a period not exceeding 10 successive tax years.
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Legislative History
(Act 2011-689, p. 2105, §11.)
Nearby Sections
15
§ 11-1-1
Number and Names of Counties§ 11-1-2
County Declared a Body Corporate