Alabama Statutes
§ 40-9-4 — Products or Materials Used in Textile Manufacture
Alabama·Title 40 Revenue and Taxation·Ch. 9 Exemptions from Taxation and Licenses·Art. 1 General Provisions
In addition to the persons and property exempt from ad valorem taxation as prescribed in Section 40-9-1, the following properties shall also be exempt from ad valorem taxation:
All products or materials, including natural and man-made fibers and cloth, when stored by a textile manufacturer or processor for the purpose of using such products or materials in such a way that they become a part of the finished product of such plant.
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Legislative History
(Acts 1971, No. 2405, p. 3838.)
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