Tag Archives: proposed tax cuts

Chip Brown pre-files bill to provide tax cuts to Alabama commercial fishermen

“Alabama law currently provides the agricultural industry with tax exemptions and other benefits that are not currently extended to commercial fishing ventures, which operate, in essence, as the farmers of the Gulf of Mexico,” Brown said. “Simple fairness demands that commercial fishing  businesses should enjoy the exact same tax benefits as the rest of the agriculture industry, and my  bill simply corrects an inequity that has existed for far too long.” Among the provisions of House Bill 10 include current Alabama law provides an ad valorem tax exemption only to vessels used in the commercial shrimping industry, but Brown’s bill would extend it to include all forms of commercial fishing, more, >click to read< About Brown, and his legislation, >click here< 14:22