Alabama § 24-1-40.1 Exemption of Public Housing Authorities from Taxes in Certain Circumstances

Alabama Statutes

§ 24-1-40.1 — Exemption of Public Housing Authorities from Taxes in Certain Circumstances

Alabama § 24-1-40.1

Title 24Housing

Ch. 1Housing Authorities

Art. 2Municipal Housing Authorities

This text of Alabama § 24-1-40.1 (Exemption of Public Housing Authorities from Taxes in Certain Circumstances) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 24-1-40.1 (2026).

Text

(a)All of the following shall be exempt from all state taxes:

(1)A municipal housing authority and the authority’s property and income.

(2)Bonds issued by the authority.

(3)Income from bonds issued by the authority.

(4)Conveyances to or from the authority.

(5)Leases, mortgages, or deeds of trust to or from the authority.

(b)An authority may be exempted from the taxes levied by a county, municipality, or other political subdivision of the state, including, but not limited to, deed taxes, mortgage taxes, license taxes, or excise taxes. The county exemption provided by this subsection shall only apply if approved by a resolution pertaining to county taxes adopted by the county commission. The municipal exemption provided by this subsection shall only apply if approved by an ordinance p

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(a) All of the following shall be exempt from all state taxes:
(1) A municipal housing authority and the authority’s property and income.
(2) Bonds issued by the authority.
(3) Income from bonds issued by the authority.
(4) Conveyances to or from the authority.
(5) Leases, mortgages, or deeds of trust to or from the authority.
(b) An authority may be exempted from the taxes levied by a county, municipality, or other political subdivision of the state, including, but not limited to, deed taxes, mortgage taxes, license taxes, or excise taxes. The county exemption provided by this subsection shall only apply if approved by a resolution pertaining to county taxes adopted by the county commission. The municipal exemption provided by this subsection shall only apply if approved by an ordinance pertaining to municipal taxes adopted by the city council.
(c) A municipal housing authority shall be exempt from all fees, taxes, or other costs imposed by a judge of probate; provided, that with respect to any fees, taxes, or other costs otherwise payable to a county, an authority shall only be exempt if approved by a resolution adopted by the county commission.