SB36 Alabama 2015 Session

Updated Jul 24, 2021

Summary

Primary Sponsor: Jimmy Holley
Republican
Session: Regular Session 2015
Title: Tax Credits, Alabama New Markets Development Act, limitations revised, allocation of tax credits further provided for, Sec. 41-9-219.2 am'd.
Description: This bill would change the Alabama New Markets Development Act to allow the Governor to award via executive order an additional $5 Million to the existing cap of $20 Million and to provide further for the allocation of the tax credits.
Subjects: Taxation

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