GroundRules
Ala. Code § 11-42-132: Provisions in Annexation Agreement as to Taxation in Municipality Annexed.
Where this section sits in the code
- Title 11 Counties and Municipal Corporations.
- Title 2 Provisions Applicable to Municipal Corporations Only.
- Chapter 42 Alteration of Corporate Limits.
- Article 4 Consolidation of Contiguous Municipalities.
- Division 2 Alternate Mode.
The agreement of annexation may provide for specific property having a situs thereon embraced in the annexed city or town to be exempt from city or town taxation or the payment of taxes to the annexing city or town for a period not exceeding 10 years and may provide a maximum license tax to be annually assessed and collected by the annexing city or town from each and every person, firm, company, or corporation engaging in or carrying on any business, vocation, occupation, or profession in the territory exempt from taxation.
Collected 2026-09-03T14:01:51Z. Source file · JSON