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SB511 Alabama 2012 Session

Updated Jul 25, 2021
SB511 Alabama 2012 Session
Senate Bill
Expired
Current Status
Regular Session 2012
Session
1
Sponsor

Summary

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 jobs. This bill would allow Alabama companies which undertake certain qualifying projects a tax incentive based upon jobs created and wages paid to new employees.

Subjects
Economic Development

Bill Actions

Indefinitely Postponed

Read for the second time and placed on the calendar

Referred to Committee on Finance and Taxation Education

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

Bill Text

Documents

Source: Alabama Legislature