Chapter 9C Abatements
To receive an abatement for any or all of these taxes, a business must meet certain qualifications and follow certain procedures, as determined by law and regulation.
Statutory Requirements for Brownfield Abatements
The property must be in the Alabama Department of Environmental Management’s voluntary cleanup program to qualify for Brownfield abatements.
Capital Investment Requirement
There is no threshold or limiting investment amount for new Brownfield abatement project. The total amount of the capital investment by a company that is locating in Alabama is eligible for the tax abatements.
The additional capital investment by a company that is expanding their current facilities on Brownfield development property must equal the lesser of:
Director of Economic Development
Office of the Commissioner
Alabama Department of Revenue
P.O. Box 327001
Montgomery, AL 36132-7001