HB414 Alabama 2015 Session
Summary
- Primary Sponsor
-
Ken JohnsonRepublican - Session
- Regular Session 2015
- Title
- Small Business Act, tax credits for small business employers authorized under certain conditions, Secs. 40-18-290 to 40-18-293, inclusive, repealed; Sec. 40-18-321 am'd.
- Description
The Alabama Small Business Jobs Act would establish a tax credit for Alabama small businesses to enhance the economy by hiring new Alabama employees.
This bill would define an Alabama small business employer as any business organization in Alabama having 50 or fewer employees.
This bill would provide for a tax credit to any Alabama small business employer that creates new jobs and hires a new employee in an amount of $1,250 per qualified new employee.
The bill would also repeal the Full Employment Act of 2011.
- Subjects
- Business and Commerce
Bill Actions
Indefinitely Postponed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism
Bill Text
Documents
Source: Alabama Legislature