HB280 Alabama 2013 Session
Bill Summary
This bill would expand the definition of the terms "Industrial Development Property" and "Major Addition" by providing that they shall be included as part of establishing or expanding an industrial or research enterprise shall, by providing that the costs, if any, of rebuilding, reconstruction, rehabilitating, repairing, and/or re-equipping any such property may be added to the capital account of any person with respect to the property
To amend Section 40-9B-3, Code of Alabama 1975; as amended by Acts 2012-54, 2012-210, and 2012-436, 2012 Regular Session, (Acts 2012); to expand the definition of the terms "Industrial Development Property" and "Major Addition" by providing that they shall be included as part of establishing or expanding an industrial or research enterprise.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 14, 2013 | H | Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB280 Alabama 2013 Session - Introduced |