SB173 Alabama 2011 Session
Summary
- Primary Sponsor
Ben H. BrooksRepublican- Co-Sponsors
- Clay ScofieldPhillip W. WilliamsBill HoltzclawPaul BussmanScott BeasonArthur OrrRoger Bedford, Jr.Trip PittmanBryan Taylor
- Session
- Regular Session 2011
- Title
- Income tax credit authorized for employers creating jobs, under certain conditions, Full Employment Act, Secs. 40-18-270, 40-18-271, 40-18-272 repealed; Act 2010-557, 2010 Reg. Sess. repealed
- Description
Under existing law, the Reemployment Act of 2010 allows an income tax deduction for employers that hire unemployed persons.
This bill would repeal that act.
This bill would propose a tax credit for certain businesses in Alabama that create jobs.
This bill would make legislative findings regarding the purpose of this act. Businesses would receive an income tax credit equal to $1,000 per new job paying more than $10 per hour.
- Subjects
- Business and Commerce
Bill Actions
Pending third reading on day 13 Favorable from Job Creation and Economic Development with 1 amendment
Indefinitely Postponed
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the Senate committee on Job Creation and Economic Development
Bill Text
Documents
Source: Alabama Legislature