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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2014 Alabama Legislative Regular Session
  5. 2014 Alabama Senate Bills
  6. SB257 Alabama 2014 Session

SB257 Alabama 2014 Session

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In Committee

Bill Summary

Sponsors
  • Tammy Irons
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 Sess., am'd; Secs. 40-9F-2, 40-9F-3, 40-9F-5 am'd.; Sec. 40-9F-7 repealed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

Existing law provides a tax credit against the tax liability of the taxpayer for the rehabilitation, preservation, and development of historic structures

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

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.

Subjects
Taxation

Bill Actions

Action DateChamberAction
January 21, 2014SRead for the first time and referred to the Senate committee on Finance and Taxation Education

Bill Text

Download SB257 Alabama 2014 Session PDF

Bill Documents

TypeLink
Bill Text SB257 Alabama 2014 Session - Introduced
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