Code of Alabama - Title 40: Revenue and Taxation - Section 40-9-4 - Products or materials used in textile manufacture

Section 40-9-4 - Products or materials used in textile manufacture.

In addition to the persons and property exempt from ad valorem taxation as prescribed in Section 40-9-1, the following properties shall also be exempt from ad valorem taxation:

All products or materials, including natural and man-made fibers and cloth, when stored by a textile manufacturer or processor for the purpose of using such products or materials in such a way that they become a part of the finished product of such plant.

(Acts 1971, No. 2405, p. 3838.)

Last modified: May 3, 2021