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HB509 Alabama 2014 Session

Updated Jul 24, 2021

Summary

Primary Sponsor
Paul DeMarco
Republican
Session
Regular Session 2014
Title
Historic structures, Historical Commission, approval of tax credits for restoration further provided for, transfer of credits, amount of total credits, Act 2013-241, 2013 Reg. Sess, am'd.; Secs. 40-9F-3, 40-9F-4, 40-9F-5 am'd.
Description

Under existing law, a tax credit is provided against the tax liability of the taxpayer for the rehabilitation, preservation, and development of historic structures.

This bill would clarify that tax credits are awarded on a calendar year basis and to clarify the ability to change the ownership of the applicant.

This bill would also allow the tax credits to be transferred.

Subjects
Taxation

Bill Actions

H

Forwarded to Executive Department

H

Assigned Act No. 2014-452.

H

Clerk of the House Certification

S

Signature Requested

H

Enrolled

S

Concurred in Second House Amendment

H

DeMarco motion to Concur In and Adopt adopted Roll Call 1120

H

Concurrence Requested

S

Motion to Read a Third Time and Pass adopted Roll Call 1169

S

Pittman motion to Adopt adopted Roll Call 1168

S

Pittman Amendment Offered

S

Third Reading Passed

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Finance and Taxation Education

H

Engrossed

H

Motion to Read a Third Time and Pass adopted Roll Call 878

H

Motion to Adopt adopted Roll Call 877

H

DeMarco first Substitute Offered

H

Third Reading Passed

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on Ways and Means Education

Bill Text

Votes

Motion to Read a Third Time and Pass

March 19, 2014 House Passed
Yes 100
Absent 4

DeMarco motion to Concur In and Adopt

April 3, 2014 House Passed
Yes 95
Abstained 1
Absent 8

Motion to Read a Third Time and Pass

April 3, 2014 Senate Passed
Yes 30
No 1
Absent 4

Documents

Source: Alabama Legislature