HB90 Alabama 2010 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2010
Title
Income tax, employers creating jobs in certain counties with high unemployment, tax credit, Industrial Relations Department to identify counties, Targeted Job Creation Tax Credit
Description
To encourage business growth in areas of Alabama where jobs are needed most, this bill proposes a tax credit for businesses that create jobs in a county or counties identified by the Department of Industrial Relations as being within the 25 Alabama counties with the highest annual unemployment rate for the year the job is created
Such businesses will receive an income tax credit equal to $500 per new job created in the targeted counties
To provide an incentive for job creation in a county identified by the Department of Industrial Relations as being within the 25 Alabama counties with the highest annual unemployment rate for the year in which the job was created.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 12, 2010 | Read for the first time and referred to the House of Representatives committee on Education Appropriations |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB90 Alabama 2010 Session - Introduced |