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40-9-1
Section 40-9-1 Persons and property generally. The following property and persons shall be
exempt from ad valorem taxation and none other: (1) All bonds of the United States and this
state and all county and municipal bonds issued by counties and municipalities in this state,
all property, real and personal, of the United States and this state and of county
and municipal corporations in this state; all cemeteries, all property, real and personal,
used exclusively for religious worship, for schools or for purposes purely charitable; provided,
that property, real or personal, owned by any educational, religious or charitable
institution, society or corporation let for rent or hire or for use for business purposes
shall not be exempt from taxation, notwithstanding that the income from such property shall
be used exclusively for education, religious or charitable purposes; all mortgages, together
with the notes, debts and credits secured thereby on real and personal property situated
in...
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40-23-4
sales of materials, equipment, and machinery that, at any time, enter into and become a component
part of ships, vessels, towing vessels or barges, or drilling ships, rigs or barges, or seismic
or geophysical vessels, other watercraft and commercial fishing vessels of over five tons
load displacement as registered with the U.S. Coast Guard and licensed by the State of Alabama
Department of Conservation and Natural Resources. Additionally, the gross proceeds from the
sale or sales of lifeboats, personal flotation devices, ring life buoys, survival craft
equipment, distress signals, EPIRB's, fire extinguishers, injury placards, waste management
plans and logs, marine sanitation devices, navigation rulebooks, navigation lights, sound
signals, navigation day shapes, oil placard cards, garbage placards, FCC SSL, stability instructions,
first aid equipment, compasses, anchor and radar reflectors, general alarm systems, bilge
pumps, piping, and discharge and electronic position fixing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-23-4.htm - 34K - Match Info - Similar pages
40-8-1
or, as may be provided by law, to the current use value of such property: CLASS I. All property
of utilities used in the business of such utilities, 30 percent. CLASS II. All property not
otherwise classified, 20 percent. CLASS III. All agricultural, forest, and residential property,
and historic buildings and sites, 10 percent. CLASS IV. All private passenger automobiles
and motor trucks of the type commonly known as "pickups" or "pickup trucks"
owned and operated by an individual for personal or private use and not for hire, rent,
or compensation, 15 percent. (b) As used herein, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) AGRICULTURAL AND
FOREST PROPERTY. All real property used for raising, harvesting, and selling crops or for
the feeding, breeding, management, raising, sale of, or the production of livestock, including
beef cattle, sheep, swine, horses, ponies, mules, poultry, fur-bearing animals,...
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45-22-243.99
providing for their issuance. The term capital improvements, as used in this subsection, includes
improvements, additions, and replacements to the public hospital that are of such nature as
to be chargeable to fixed capital account by generally accepted accounting principles, and
real estate on which any such improvements, additions, or replacements are proposed to be
located. The term shall be deemed to include additional structures and shall be deemed also
to include equipment and other personal property when chargeable to fixed capital account
by generally accepted accounting principles, and shall not include any operating expenses
of the hospital. (c) The portion of the tax proceeds that is to be paid to the City of Cullman
in subsection (a) may be used by the city for any lawful purpose. (d) The tax proceeds allocated
to the county in subsection (a) shall be distributed by the county treasurer monthly as follows:
(1) One-fifth (20 percent) of the tax proceeds allocated to the...
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45-42-163
Section 45-42-163 Distribution of payments. Upon receipt by Limestone County of funds pursuant
to Chapter 28, Title 40, as amended, Limestone County, within a reasonable time thereafter,
shall distribute the funds so received as follows: (1) Effective through September 30, 2006,
all funds shall be distributed as prescribed by Act 86-550, 1986 Regular Session (Acts 1986,
p. 1124). (2) Effective October 1, 2007, and thereafter, the funds shall be distributed as
follows: a. Before the percentage formula of distribution contained in paragraph b. is applied,
the sum of two hundred ninety-three thousand dollars ($293,000) shall be distributed in the
following manner: 1. Forty thousand dollars ($40,000) to Auburn University to be used exclusively
for the benefit of the Limestone County Cooperative Extension Service. 2. Seven thousand five
hundred dollars ($7,500) to the Limestone County Soil and Water Conservation District. 3.
Thirty-seven thousand five hundred dollars ($37,500) to the...
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40-9B-3
23 of this title, or payments required to be made in lieu thereof, shall relieve the seller
from the obligation to collect and pay over the transaction tax as if the sale were to a person
exempt, to the extent of the abatement, from the transaction tax. (2) ALTERNATIVE ENERGY RESOURCES.
The definition given in Section 40-18-1. (3) CONSTRUCTION RELATED TRANSACTION TAXES. The transaction
taxes imposed by Chapter 23 of this title, or payments required to be made in lieu thereof,
on tangible personal property and taxable services incorporated into an industrial
development property, the cost of which may be added to capital account with respect to the
property, determined without regard to any rule which permits expenditures properly chargeable
to capital account to be treated as current expenses. (4) DATA PROCESSING CENTER. An establishment
at which not less than 20 new jobs are located, the average annual total compensation, including
benefits, of such new jobs to be not less than...
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22-21-182
or mortgage indenture may also provide that in the event of any default thereunder it may be
foreclosed either by sale at public outcry or by judicial proceedings and that the trustee
under such mortgage or mortgage indenture or the holders of any securities secured thereby
may become the purchaser at any foreclosure sale if the highest bidder. Any such mortgage
or mortgage indenture may be filed in the office of the judge of probate of any county in
which any of the property, real, personal or mixed, subject to the lien thereof is,
or is anticipated to be, located, and the lien of such mortgage or mortgage indenture shall,
with respect to all personal property and fixtures subject thereto, including after-acquired
property, and notwithstanding any contrary provisions of, and without compliance with, the
Uniform Commercial Code, be valid and binding against all parties having claims of any kind
against the corporation, irrespective of whether the parties have actual notice...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-182.htm - 6K - Match Info - Similar pages
28-3-74
Section 28-3-74 Distribution of net profits from proceeds of stores. (a) The net profits derived
from the proceeds of the Alabama liquor stores in each fiscal year, including all tax levied
upon the selling price of all spirituous or vinous liquors, less all cost and expense of collecting
said tax, up to and including $2,000,000, shall be paid out and applied as follows: (1) Fifty
percent shall be covered into the General Fund of the Treasury of the state; (2) Nineteen
percent shall be covered into the Treasury of the state to the credit of the State Department
of Human Resources to be used, and the same is hereby appropriated exclusively, for old age
assistance and for other purposes of the State Department of Human Resources; (3) Ten percent
shall be covered into the Treasury of the state to the credit of the wet counties of the state
and shall be divided equally among each of said counties and shall be paid to them and shall
be covered by them into their respective general funds;...
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40-22-1
Section 40-22-1 Deeds, bills of sale, etc. (a) Except as set out in subsection (b), no deed,
bill of sale, or other instrument of like character which conveys any real or personal
property within this state or which conveys any interest in any such property shall be received
for record unless the privilege or license tax is paid prior to the instrument being offered
for record as provided in subsection (c). (b) No privilege or license tax shall be required
for any of the following: (1) The transfer of mortgages on real or personal property
within this state upon which the mortgage tax has been paid. (2) Deeds or instruments executed
for a nominal consideration for the purpose of perfecting the title to real estate. (3) The
re-recordation of corrected mortgages, deeds, or instruments executed for the purpose of perfecting
the title to real or personal property, specifically, but not limited to, corrections
of maturity dates thereof, and deeds and other instruments or conveyances,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-22-1.htm - 9K - Match Info - Similar pages
40-12-252
highways of this state: (1) For each privately owned utility trailer or travel trailer, which
is not operated for hire, lease, or rental, twelve dollars ($12). (2) For each utility trailer,
rented or leased for compensation of any kind or nature, fifteen dollars ($15). (3) For each
truck or tractor trailer or semitrailer, twenty dollars ($20); and provided, that any trailer
or semitrailer used by a farmer exclusively for transporting farm products to and from market
or for transporting the personal property of a farmer for his or her own use on the
farm shall not be subject to the license taxes and registration fees provided for in this
section. Trailers of any kind or description for hauling passengers for hire are prohibited
by law and shall not be licensed under this article. (b) At the option of the owner, a fleet
of 50 or more rental utility trailers required to be licensed in this section may be registered
for a period of five years, or any number of years to be designated by...
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