Other Eligibility Criteria:
Development/redevelopment zone Statutory Requirements for Brownfield Abatements: The property must be in the Alabama Department of Environmental Management's voluntary cleanup program to qualify for Brownfield abatements. New Company: There is no threshold or limiting investment amount for new Brownfield abatement project. The total amount of the capital investment by a company that is locating in Alabama is eligible for the tax abatements. Major Addition: The additional capital investment by a company that is expanding their current facilities on Brownfield development property must equal the lesser of: 30 percent of the original cost of the property as remediated or $2,000,000.