Alabama Statutes
§ 11-99-7 — Termination of Tax Increment Districts
The existence of a tax increment district shall terminate when:
(1)Positive tax increments are no longer allocable to a district under Section 11-99-6(a) hereof; or
(2)The local governing body, by resolution, dissolves the district.
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Legislative History
(Acts 1987, No. 87-824, p. 1660, §7.)
Nearby Sections
15
§ 11-1-1
Number and Names of Counties§ 11-1-2
County Declared a Body Corporate