Alabama Foreign Trade Investment Zone Act (2006)
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The Alabama Foreign Trade Investment Zone Act appeared on the November 2006 ballot in Alabama as a legislatively-referred constitutional amendment, where it was defeated.
Text of the proposal
The language that appeared on the ballot:
Proposing an amendment to the Constitution of Alabama of 1901, authorizing the governing body of the City of Prichard to establish an Alabama Foreign Trade Investment Zone as a special tax district for the purpose of importing duty free and quota free articles eligible under the United States General System of Preferences and the Africa Growth and Opportunities Act; would specify that the value of land and improvements on the land within the district would be assessed and taxed for ad valorem tax purposes by county tax officials under a single site valuation system; and would provide further for the contractual powers of nonprofit organizations. (Proposed by Act 2005-105)
See also
Reference
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