Section 9-14B-14 Tax exemption. - Alabama Statutes

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Section 9-14B-14

Tax exemption.

The income and property of the authority, all bonds of the authority and the interest paid on any such bonds, all conveyances by or to the authority, and all instruments by and to the authority shall be exempt from all taxation in the state. With the exception of lodging taxes, the authority shall also be exempt from all license and excise taxes imposed in respect of the privilege of engaging in any of the activities in which the authority may engage, except that nothing herein shall be construed to exempt from the payment of sales taxes purchases made at the Gulf State Park. The authority shall not be obligated to pay or allow any fees, taxes, or costs in the recording of any document to the judge of probate of any county.

(Act 2001-972, 2001 3rd Sp. Sess., p. 884, §14.)

State Codes and Statutes

Statutes > Alabama > Title9 > Chapter14B > 9-14B-14

Section 9-14B-14

Tax exemption.

The income and property of the authority, all bonds of the authority and the interest paid on any such bonds, all conveyances by or to the authority, and all instruments by and to the authority shall be exempt from all taxation in the state. With the exception of lodging taxes, the authority shall also be exempt from all license and excise taxes imposed in respect of the privilege of engaging in any of the activities in which the authority may engage, except that nothing herein shall be construed to exempt from the payment of sales taxes purchases made at the Gulf State Park. The authority shall not be obligated to pay or allow any fees, taxes, or costs in the recording of any document to the judge of probate of any county.

(Act 2001-972, 2001 3rd Sp. Sess., p. 884, §14.)

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Statutes > Alabama > Title9 > Chapter14B > 9-14B-14

Section 9-14B-14

Tax exemption.

The income and property of the authority, all bonds of the authority and the interest paid on any such bonds, all conveyances by or to the authority, and all instruments by and to the authority shall be exempt from all taxation in the state. With the exception of lodging taxes, the authority shall also be exempt from all license and excise taxes imposed in respect of the privilege of engaging in any of the activities in which the authority may engage, except that nothing herein shall be construed to exempt from the payment of sales taxes purchases made at the Gulf State Park. The authority shall not be obligated to pay or allow any fees, taxes, or costs in the recording of any document to the judge of probate of any county.

(Act 2001-972, 2001 3rd Sp. Sess., p. 884, §14.)