{"data":{"id":"us-al/ala.-code-11-20-12","jurisdiction":"us-al","citation":"Ala. Code § 11-20-12","heading":"Exemption from Taxation of Projects, Bonds, Etc.","body":"The bonds authorized by this article and the income therefrom, all mortgages executed as security therefor, all lease agreements made pursuant to the provisions hereof and all projects and the revenue derived from any lease thereof shall be exempt from all taxation in the State of Alabama.","path":["Title 11 Counties and Municipal Corporations.","Title 1 Provisions Applicable to Counties Only.","Chapter 20 Promotion of Industry and Trade.","Article 1 Acquisition, Ownership, and Lease of Projects by Counties."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-20-12","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"ef465e9bb7e1d5efbc91f0da928c783865331bfc6158bbb64a24ce12b0778e90","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-20-11","next":"us-al/ala.-code-11-20-13"},"notice":"GroundRules: Original legal text. Not legal advice."}