SB373 Alabama 2011 Session

Updated Jan 10, 2026

Summary

Primary Sponsor: Tammy Irons
Democrat
Co-Sponsors: Bryan Taylor Clay Scofield Phillip W. Williams Bill Holtzclaw Paul Bussman Dick Brewbaker Vivian Davis Figures Scott Beason Arthur Orr Roger Bedford, Jr.Rusty Glover Rodger Smitherman Trip Pittman Ben H. Brooks Del Marsh William “Bill” M. Beasley Mark Slade Blackwell
Session: Regular Session 2011
Title: Economic development, tax incentives authorized to certain companies and educational institutions for locating new or expanding business in state, or a retention project, capital investment and job requirements, Alabama Development Office and Revenue Department to recommend to Governor, Industrial Development Authority to approve project for incentive (2011-20540)
Description: This bill would allow Alabama companies which undertake certain qualifying projects on incentives in the form of a retention of a percentage of state income taxes withheld from eligible employees.
This bill would provide that the State Industrial Development Authority would make the final decision as to whether the project qualifies for the incentive.
This bill would provide that the Director of the Alabama Development Office and the Department of Revenue would review applications for the incentive and make a recommendation to the Governor as to whether the State Industrial Development Authority should approve the project for the incentive.
Subjects: Economic Development