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HB804 Alabama 2010 Session

Updated Jul 26, 2021

Summary

Primary Sponsor
Richard Lindsey
Democrat
Session
Regular Session 2010
Title
New Markets Development Program, established, income tax credit for certain qualified active low-income community businesses, Alabama Development Office to implement
Description

This bill would establish the Alabama New Markets Development Program. The bill would allow an income tax credit for certain qualified active low-income community businesses for a certain period of time. The bill would provide that the program would be implemented and administered by the Alabama Development Office.

Subjects
New Markets Development Program

Bill Actions

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

Bill Text

Documents

Source: Alabama Legislature