HB260 Alabama 2010 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2010
Title
Income tax, employment, employers hiring persons receiving unemployment compensation or whose benefits have expired, tax deduction authorized, duties to Revenue Department, Reemployment Act
Description
To encourage businesses to create jobs for unemployed persons, this bill proposes an income tax deduction for businesses that hire a person presently drawing unemployment compensation or whose unemployment compensation benefits have expired. Such businesses will receive an income tax deduction equal to fifty percent (50%) of the gross wages paid to each such person hired and retained as an employee for twelve consecutive months
To provide an incentive for job creation for unemployed persons by creating an income tax deduction for businesses that hire certain unemployed persons.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 8, 2010 | Delivered to Governor at 10:20 a.m. on April 8, 2010. | |
| April 8, 2010 | Assigned Act No. 2010-557. | |
| April 8, 2010 | Clerk of the House Certification | |
| April 8, 2010 | Signature Requested | |
| April 6, 2010 | Enrolled | |
| April 6, 2010 | Passed Second House | |
| April 6, 2010 | Motion to Read a Third Time and Pass adopted Roll Call 730 | |
| April 6, 2010 | Third Reading Passed | |
| March 25, 2010 | Read for the second time and placed on the calendar | |
| March 11, 2010 | Read for the first time and referred to the Senate committee on Finance and Taxation Education | |
| February 23, 2010 | Cosponsors Added | |
| February 23, 2010 | Engrossed | |
| February 23, 2010 | Motion to Read a Third Time and Pass adopted Roll Call 394 | |
| February 23, 2010 | Motion to Adopt adopted Roll Call 393 | |
| February 23, 2010 | Education Appropriations first Substitute Offered | |
| February 23, 2010 | Third Reading Passed | |
| February 17, 2010 | Read for the second time and placed on the calendar with 1 substitute and | |
| January 14, 2010 | Read for the first time and referred to the House of Representatives committee on Education Appropriations |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB260 Alabama 2010 Session - Enrolled |
| Bill Text | HB260 Alabama 2010 Session - Engrossed |
| Bill Text | HB260 Alabama 2010 Session - Introduced |