Alabama § 9-14C-12 Tax Exemption

Alabama Statutes

§ 9-14C-12 — Tax Exemption

Alabama § 9-14C-12

Title 9Conservation and Natural Resources

Ch. 14CRed Mountain Greenway and Recreational Area Commission

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Bluebook

Ala. Code § 9-14C-12 (2026).

Text

The commission shall have tax exempt status, and the properties of the commission and the income therefrom, all lease agreements and contracts made by it, all bonds issued by it and the coupons applicable thereto and the income therefrom, and all indentures executed with respect thereto shall be forever exempt from any and all taxation and fees by the State of Alabama and any political subdivision thereof, including, but not limited to, income, admission, amusement, excise, and ad valorem taxes.

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The commission shall have tax exempt status, and the properties of the commission and the income therefrom, all lease agreements and contracts made by it, all bonds issued by it and the coupons applicable thereto and the income therefrom, and all indentures executed with respect thereto shall be forever exempt from any and all taxation and fees by the State of Alabama and any political subdivision thereof, including, but not limited to, income, admission, amusement, excise, and ad valorem taxes.