Alabama OKs tax cut bill for Gulf Coast commercial fishing operations
The Alabama Senate awarded final passage to a bill by State Rep. Chip Brown, R – Hollinger’s Island, that provides historic and much-needed tax cuts and exemptions to commercial fishing businesses operating throughout Alabama’s Gulf Coast region. The measure now travels to Gov. Kay Ivey’s desk for signature. “Alabama law currently provides the agricultural industry with tax exemptions and other benefits that are not currently extended to commercial fishing operations, which also harvest food,” Brown said. “Passage of this new law corrects a lingering injustice by extending the same taxation benefits to farmers and fishermen alike.” >click to read< 10:33
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