Taxation and revenue; to exempt certain aircraft, machinery, and equipment from ad valorem taxation

Summary

The bill eliminates ad valorem tax on civil‑use aircraft that are not commercial, military, or drones, as well as any machinery or equipment installed on those planes. It applies only to aircraft owned or leased by companies headquartered in Alabama. The change is intended to reduce tax costs for the state’s general aviation sector.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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