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Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-20-12

Exemption from Ad Valorem Taxes

Official textalison.legislature.state.al.us

# (a)

All oil or gas produced, all leases in production, including mineral rights in producing properties, and all oil or gas under the ground on producing properties within the State of Alabama shall be exempt from all ad valorem taxes now levied or hereafter levied by the State of Alabama or by any county or municipality. No additional assessment shall be added to the surface value of such lands by the presence of oil or gas thereunder or its production therefrom.

# (b)

For the purpose of this article, the area of a lease or leases, including oil and gas rights considered to be in production, or the area of any other producing property considered to be in production, shall include an oil or gas drilling unit as established by the State Oil and Gas Board of Alabama and shall be exempt from ad valorem taxation because of production from any one well.

Last amended: Acts 1945, No. 2, p. 20, §12; Acts 1957, No. 600, p. 859.

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In this chapter (25 sections)
  1. 40-20-1 · Definitions
  2. 40-20-2 · Levy and Amount of Tax Upon Business of Producing or Severing…
  3. 40-20-3 · Tax Levied Upon Producers in Proportion to Ownership at Time…
  4. 40-20-4 · Enforcement of Article; Collection of Taxes; Statements to Be…
  5. 40-20-5 · When Reports to Be Filed; Payments to Accompany Reports
  6. 40-20-7 · Deduction of Appropriation for Expenses of Department
  7. 40-20-8 · Allocation and Distribution of Net Taxes Collected; Property…
  8. 40-20-9 · Reports to Be Made on Blanks Furnished by Department;…
  9. 40-20-11 · Enjoining Violation of Article
  10. 40-20-12 · Exemption from Ad Valorem Taxes
  11. 40-20-13 · Collection and Disbursement of Additional Taxes
  12. 40-20-14 · Credits Against Tax for Manufacturers of Direct Reduced Iron
  13. 40-20-20 · Definitions
  14. 40-20-21 · Computation of Privilege Tax
  15. 40-20-22 · Applicability; Payment of and Liability for Taxes; Reporting
  16. 40-20-23 · Allocation and Distribution of Taxes
  17. 40-20-30 · Definitions
  18. 40-20-31 · Levied; Applicability
  19. 40-20-32 · Tax to Be a Lien; Amount of Tax
  20. 40-20-33 · When and by Whom Tax Payable; Effect of Nonpayment
  21. 40-20-34 · Tax Payable to Probate Judge; Entries on Instrument and…
  22. 40-20-35 · Tax to Be in Lieu of Ad Valorem Taxes; Exemption of…
  23. 40-20-36 · How Exemption Obtained Upon Existing Interests
  24. 40-20-37 · Fees of Probate Judge; Disposition of Remainder of Tax
  25. 40-20-50 · Collection of Severance Taxes; Deposit into Fund;…
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