SB257 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Taxation, transfer of tax credit for rehabilitation, income tax credits for rehabilitation of historic structures, Act 2013-241, 2013 Reg. Sess., am'd; Secs. 40-9F-2, 40-9F-3, 40-9F-5 am'd.; Sec. 40-9F-7 repealed
Description
<p class="bill_description"> Existing law provides a tax credit against
the tax liability of the taxpayer for the
rehabilitation, preservation, and development of
historic structures</p><p class="bill_description">
This bill would provide for the transfer of
the tax credit against the tax liability of the
taxpayer for the rehabilitation, preservation, and
development of historic structures and would delete
the expiration date</p><p class="bill_entitled_an_act"> To amend Sections 2, 3, 4, and 5 of Act 2013-241,
2013 Regular Session, now appearing as Sections 40-9F-2,
40-9F-3, and 40-9F-5, Code of Alabama 1975, to provide for the
transfer of tax credit against the tax liability of the
taxpayer for the rehabilitation, preservation, and development
of historic structures; and to repeal Section 7 of Act
2013-241, 2013 Regular Session, now appearing as Section
40-9F-7, Code of Alabama 1975, to delete the expiration date.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 21, 2014 | 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 | SB257 Alabama 2014 Session - Introduced |