HB257 Alabama 2012 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Taxation, state income tax credit for investments, businesses in impoverished and low income communities.
Description
<p class="bill_description"> Under existing law, there is no state income
tax credit in Alabama for investments in businesses
in impoverished and low income communities</p><p class="bill_description">
This bill would allow a state income tax
credit for certain qualified community businesses
in the downtown core area or central business
district in any Class 1, Class 2, or Class
municipality</p><p class="bill_entitled_an_act"> Relating to Class 1, Class 2, and Class
municipalities; to establish a state income tax credit for
investments in businesses in impoverished and low income
communities within a downtown core area or central business
district.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 9, 2012 | Forwarded to Governor at 4:23 p. m. on May 9, 2010. | |
| May 9, 2012 | Assigned Act No. 2012-483. | |
| May 9, 2012 | Clerk of the House Certification | |
| May 9, 2012 | Signature Requested | |
| May 9, 2012 | Enrolled | |
| May 9, 2012 | Concurred in Second House Amendment | |
| May 9, 2012 | Ison motion to Concur In and Adopt adopted Roll Call 1422 | |
| May 9, 2012 | Concurrence Requested | |
| May 8, 2012 | Blackwell motion to Adopt adopted Roll Call 1190 | |
| May 8, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1191 | |
| May 8, 2012 | Blackwell Amendment Offered | |
| May 8, 2012 | Blackwell motion to Adopt adopted Roll Call 1189 | |
| May 8, 2012 | Small Business first Substitute Offered | |
| May 8, 2012 | Third Reading Passed | |
| April 5, 2012 | Read for the second time and placed on the calendar with 1 substitute and | |
| March 15, 2012 | Read for the first time and referred to the Senate committee on Small Business | |
| March 6, 2012 | Engrossed | |
| March 6, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 225 | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 224 | |
| March 6, 2012 | Coleman Amendment Offered | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 223 | |
| March 6, 2012 | McCampbell Amendment Offered | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 222 | |
| March 6, 2012 | Ison Amendment Offered | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 221 | |
| March 6, 2012 | Clouse Amendment Offered | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 220 | |
| March 6, 2012 | Economic Development and Tourism first Substitute Offered | |
| March 6, 2012 | Third Reading Passed | |
| February 23, 2012 | Read for the second time and placed on the calendar with 1 substitute and | |
| February 9, 2012 | Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB257 Alabama 2012 Session - Introduced |
| Bill Text | HB257 Alabama 2012 Session - Engrossed |
| Bill Text | HB257 Alabama 2012 Session - Enrolled |