SB593 Alabama 2010 Session

Updated Jul 26, 2021

Summary

Primary Sponsor: Hank Sanders
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

Read for the first time and referred to the Senate committee on Finance and Taxation Education