HB599 Alabama 2013 Session

Updated Jan 10, 2026

HB599 Alabama 2013 Session

House Bill

Expired

Current Status

Regular Session 2013

Session

9

Sponsors

Summary

Primary Sponsor: Phil Williams
Republican
Co-Sponsors: Mike Hubbard Barry Mask Howard Sanderford Mac McCutcheon Jim Patterson Laura Hall Mike Ball Wayne Johnson
Session: Regular Session 2013
Title: Taxation, carried forward period of five years for certain projects, Sec. 40-18-194 am'd.
Description: Under existing law, if a qualifying project has capital costs of at least one hundred million dollars and provides not less than one hundred jobs for new employees, the capital credit may be carried forward for a maximum of four taxable years, depending on the amount of capital costs.
This bill would provide a carry forward period of five years for projects exceeding fifty million dollars in capital costs and fifty jobs for new employees.
Subjects: Taxation

Bill Actions

Indefinitely Postponed

Read for the second time and placed on the calendar

Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism

Bill Text

Download Introduced PDF

Documents

Bill Text (Introduced) HB599 Alabama 2013 Session - Introduced

Source: Alabama Legislature