SB119 Alabama 2013 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2013
Title
Tax credit, investment in Alabama entrepreneurial business
Description
Under existing law, there is no tax credit to encourage individual investors to invest in an Alabama entrepreneurial business, as that term is defined
This bill would provide a tax credit for investment in an Alabama entrepreneurial business
To provide an income tax credit for investment by qualified investors in an Alabama entrepreneurial business.
Subjects
Tax Credits
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 5, 2013 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB119 Alabama 2013 Session - Introduced |