HB296 Alabama 2011 Session

Summary

Primary Sponsor

Randy Davis

Republican

Co-Sponsors

Harry ShiverJoe FaustAlan BakerSteve McMillan

Session

Regular Session 2011

Title

Coastal area properties, income tax credit the lessor of 25 percent of costs or $1,500 for retrofit improvements to homes to help withstand hurricane and windstorm damages

Summary

HB296 creates a state personal income tax credit for Alabama homeowners who retrofit their primary residence to resist hurricane and windstorm damage, up to 25% of retrofit costs or $1,500.

What This Bill Does

It allows an individual taxpayer to claim a credit against personal income tax for costs to retrofit their primary residence to make it more resistant to hurricane, floodwater, or other windstorm damage. The credit amount is the lesser of 25% of the retrofit costs or $1,500. Eligible costs must be for fortification measures defined in Section 27-31D-2 and cannot include ordinary repairs, and cannot be funded by grants unless the grant income is included. The credit is available for tax years beginning with 2009, and takes effect immediately after passage and governor’s approval.

Who It Affects

• Individual homeowners who retrofit their primary residence to resist hurricane and windstorm damage and may claim a credit against their personal income tax.
• Homeowners who use grant funds for retrofits; those costs may not be eligible for the credit if the grant is not included in the homeowner’s income.

Key Provisions

• Provides a state personal income tax credit for costs to retrofit a primary residence to resist hurricane, rising floodwater, or other catastrophic windstorm damage.
• Credit equals the lesser of 25% of retrofit costs or $1,500; available for tax years starting in 2009.
• Eligible costs must be fortification measures defined in Section 27-31D-2 and not ordinary repairs; costs funded by grants are ineligible unless the grant is included in the taxpayer's income.
• Effective immediately following passage and governor's approval.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Taxation