[CPEO-BIF] Nypro tax break, Dothan, Alabama

[Lenny Siegel <lsiegel@cpeo.org>]

Local employer may receive 20-year property tax break

by Lance Griffin 
Dothan Eagle (AL)
November 29, 2015 

The Dothan City Commission will vote to approve or reject a tax break for a local packaging company Tuesday.

Nypro, an employer of more than 100, will receive an exemption of practically all non-education property taxes for a period of 20 years through a Brownfield Tax Abatement if the commission votes its approval Tuesday.

A Brownfield is a development term typically referring to a piece of land previously used for industrial purposes. Eleven years ago, the Alabama Legislature passed tax breaks designed to incentivize redevelopment of the areas. Nypro is located on the same piece of land where Sony operated for many years.

The Houston County Commission has already approved the abatement, but state law requires the government of the city in which the business operates to concur in the abatement.

…

For the entire article, see
http://www.dothaneagle.com/news/government/local-employer-may-receive--year-property-tax-break/article_a6850c7c-96e6-11e5-a94d-2bb472bfc5a0.html

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Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope Street
Mountain View, CA 94041
Voice: 650-961-8918 or 650-969-1545
Fax: 650-961-8918
LSiegel@cpeo.org
http://www.cpeo.org

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