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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2012 Alabama Legislative Regular Session
  5. 2012 Alabama House Bills
  6. HB257 Alabama 2012 Session

HB257 Alabama 2012 Session

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Signed by Governor

Bill Summary

Sponsors
  • Yvonne Kennedy
  • James E. Buskey
  • Randy Davis
  • Chad Fincher
  • Jamie Ison
  • Jim Barton
Session
Regular Session 2012
Title
Taxation, state income tax credit for investments, businesses in impoverished and low income communities.
Description

Under existing law, there is no state income tax credit in Alabama for investments in businesses in impoverished and low income communities

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

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.

Subjects
Taxation

Bill Actions

Action DateChamberAction
May 9, 2012Forwarded to Governor at 4:23 p. m. on May 9, 2010.
May 9, 2012Assigned Act No. 2012-483.
May 9, 2012Clerk of the House Certification
May 9, 2012Signature Requested
May 9, 2012Enrolled
May 9, 2012Concurred in Second House Amendment
May 9, 2012Ison motion to Concur In and Adopt adopted Roll Call 1422
May 9, 2012Concurrence Requested
May 8, 2012Blackwell motion to Adopt adopted Roll Call 1190
May 8, 2012Motion to Read a Third Time and Pass adopted Roll Call 1191
May 8, 2012Blackwell Amendment Offered
May 8, 2012Blackwell motion to Adopt adopted Roll Call 1189
May 8, 2012Small Business first Substitute Offered
May 8, 2012Third Reading Passed
April 5, 2012Read for the second time and placed on the calendar with 1 substitute and
March 15, 2012Read for the first time and referred to the Senate committee on Small Business
March 6, 2012Engrossed
March 6, 2012Motion to Read a Third Time and Pass adopted Roll Call 225
March 6, 2012Motion to Adopt adopted Roll Call 224
March 6, 2012Coleman Amendment Offered
March 6, 2012Motion to Adopt adopted Roll Call 223
March 6, 2012McCampbell Amendment Offered
March 6, 2012Motion to Adopt adopted Roll Call 222
March 6, 2012Ison Amendment Offered
March 6, 2012Motion to Adopt adopted Roll Call 221
March 6, 2012Clouse Amendment Offered
March 6, 2012Motion to Adopt adopted Roll Call 220
March 6, 2012Economic Development and Tourism first Substitute Offered
March 6, 2012Third Reading Passed
February 23, 2012Read for the second time and placed on the calendar with 1 substitute and
February 9, 2012Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism

Bill Text

Download HB257 Alabama 2012 Session PDF

Bill Votes

Ison motion to Concur In and Adopt
2012-05-09
Chamber: House
Result: Passed
Blackwell motion to Adopt
2012-05-09
Chamber: Senate
Result: Passed
Motion to Read a Third Time and Pass
2012-05-09
Chamber: Senate
Result: Passed
Blackwell motion to Adopt
2012-05-09
Chamber: Senate
Result: Passed
Motion to Read a Third Time and Pass
2012-03-06
Chamber: House
Result: Passed
Motion to Adopt
2012-03-06
Chamber: House
Result: Passed
Motion to Adopt
2012-03-06
Chamber: House
Result: Passed
Motion to Adopt
2012-03-06
Chamber: House
Result: Passed
Motion to Adopt
2012-03-06
Chamber: House
Result: Passed
Motion to Adopt
2012-03-06
Chamber: House
Result: Passed

Bill Documents

TypeLink
Bill Text HB257 Alabama 2012 Session - Enrolled
Bill Text HB257 Alabama 2012 Session - Engrossed
Bill Text HB257 Alabama 2012 Session - Introduced
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