HB137 Alabama 2010 Session

Updated Jul 26, 2021

Summary

Primary Sponsor: Barry Mask
Republican
Session: Regular Session 2010
Title: Income tax, work opportunity income tax credit based on federal income tax credit, Sec. 40-18-182 added
Description: For tax years beginning after December 31, 2010, this Act will annually phase in, if certain conditions are met, an increasing percentage to a maximum of twenty percent (20%) of the amount allowed in Sections 51 and 52 of the Internal Revenue Code for federal purposes, as a Work Opportunity income tax credit to encourage employers to hire and employ certain persons who are certified in a targeted, higher-risk category of employees.
Subjects: Taxation

Read for the first time and referred to the House of Representatives committee on Education Appropriations