Alabama Code (Last Updated: November 28, 2014) |
Title45 LOCAL LAWS. |
Chapter17. COLBERT COUNTY. |
Article9. Economic and Industrial Development and Tourism. |
Part1. Economic Development. |
Division1. Shoals Economic Development Authority. |
§45-17-90.09. Exemption from taxation.
Latest version.
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The authority, its property, real and personal, any income produced and all conveyances, deeds, leases, mortgages, and deeds of trust, shall be exempt from all taxation by the State of Alabama or any political or administrative subdivision thereof, including, but not limited to, all income, ad valorem, sales, excise, license, and privilege taxes and fees.