SB271 Alabama 2012 Session

Updated Jan 10, 2026

Summary

Primary Sponsor: Cam Ward
Republican
Co-Sponsors: Gerald O. Dial Clay Scofield Phillip W. Williams Paul Bussman Greg J. Reed Scott Beason Del Marsh J.T. Waggoner Gerald H. Allen Bryan Taylor
Session: Regular Session 2012
Title: Economic Development, tax incentives for certain qualifying projects developing or expanding in state, job creation, retention component, Alabama Development Office and Finance Director to recommend to Governor to approve the project, Alabama Job Creation and Retention Act
Description: This bill would make Legislative findings regarding the use of economic incentives provided to companies that undertake projects in the state that create and retain jobs. This bill would allow the State of Alabama to conduct public revenue estimates and subsequently allow new and existing companies which undertake certain qualifying projects in Alabama to retain a percentage of state income taxes withheld from eligible employees.
Subjects: Economic Development

Read for the first time and referred to the Senate committee on Job Creation and Economic Development