Ala. Code § 11-99-7

Current through the 2024 Regular Session.
Section 11-99-7 - Termination of tax increment districts

The existence of a tax increment district shall terminate when:

(1) Positive tax increments are no longer allocable to a district under Section 11-99-6(a) hereof; or
(2) The local governing body, by resolution, dissolves the district.

Ala. Code § 11-99-7 (1975)

Acts 1987, No. 87-824, p. 1660, §7.