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Autauga County approves 10-year tax abatement for MRaine Industries after unanimous vote

Autauga County Commission · March 18, 2025
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Summary

The Autauga County Commission voted unanimously March 18 to grant MRaine Industries a 10-year abatement on state and local noneducational property taxes and construction-related transaction taxes tied to a $15 million capital investment under Alabama's Tax Incentive Reform Act.

The Autauga County Commission voted unanimously March 18 to approve a 10-year tax abatement for MRaine Industries, LLC, after the body suspended the rules to add the measure to the agenda.

Under Resolution No. 2025-17, the county will abate state and local noneducational property taxes and construction-related transaction taxes for the company to the fullest extent permitted by the Tax Incentive Reform Act of 1992 (Section 40-9B-1 et seq., Code of Alabama 1975). The company's planned capital investment for the project was listed in the resolution as $15,000,000.

Commissioner Rusty Jacksland moved to add and approve the resolution; Commissioner John L. Thrailkill seconded both motions. Chairman Jay Thompson was authorized to execute necessary agreement documents on the county's behalf.

The resolution directs that a certified copy of the resolution and the abatement agreement be forwarded to the company, to the appropriate local taxing authorities (if applicable) and to the Alabama Department of Revenue as required by state law. The resolution also states a condition that contractors on federal-aid projects maintain required registrations (SAM.gov) and E-Verify memoranda where applicable.

The minutes do not record tax revenues projected to be foregone over the 10-year abatement period, specific performance covenants placed on MRaine Industries, or any local job-creation targets; the resolution instead states the company has submitted an application and that the governing body found the application sufficient to perform a cost/benefit analysis. The minutes do not include discussion of related fiscal analysis or comments from county staff beyond the motion and vote.

The commission adjourned its March 18 meeting at 5:59 p.m.; the next meeting is scheduled for April 1, 2025.