SB119 Alabama 2013 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2013
Title
Tax credit, investment in Alabama entrepreneurial business
Description
<p class="bill_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</p><p class="bill_description">
This bill would provide a tax credit for
investment in an Alabama entrepreneurial business</p><p class="bill_entitled_an_act"> To provide an income tax credit for investment by
qualified investors in an Alabama entrepreneurial business.
</p>
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 |