Alabama Administrative Code
Title 281 - ALABAMA DEPARTMENT OF COMMERCE, FORMERLY ALABAMA DEVELOPMENT OFFICE AND ALABAMA TOURISM DEPARTMENT/ALABAMA FILM OFFICE
Chapter 281-6-1 - ALABAMA RENEWAL ACT - PORT CREDIT
Section 281-6-1-.01 - Definitions

(1) ACT. The Alabama Renewal Act, codified at Title 40, Chapter 18, Article 18 of the Code.

(2) BASE CARGO VOLUME PERIOD. The 3 65-day period ending on the last day of the month immediately preceding the month in which an application for port credits is postmarked; provided that project agreements awarding port credits may specify a different Base Cargo Volume Period.

(3) CODE. The Code of Ala. 1975, as amended.

(4) PORT CREDIT INCENTIVE PERIOD. The 365-day period designated by an applicant on its application as the twelve-month period in which it its eligible to earn port credits as approved by the Commission; provided that the port credit incentive period shall begin no earlier than the first day of the month immediately following the date of the application and shall begin no later than ninety days following the date of the application. Notwithstanding the foregoing, project agreements awarding port credits may specify a port credit incentive period beginning on any date.

(5) PORT OF ENTRY. A port facility located in the State that is described in 19 C.F.R. § 101.3(b)(1).

(6) PUBLICLY OWNED. A facility located in the State that is owned by the State, an agency of the State, a public corporation, a municipality, a county or any combination thereof.