HB179 Alabama 2016 Session

Summary

Primary Sponsor

Jim Patterson

Republican

Session

Regular Session 2016

Title

Heroes for Hire Tax Credit Act of 2012, renamed, Veterans Employment Act, Secs. 40-18-320, 40-18-321, 40-18-322 am'd.

Summary

HB179 renames the Heroes for Hire tax credit to the Veterans Employment Act and expands the credit for small employers who hire unemployed veterans.

What This Bill Does

The bill preserves the existing tax credits for small employers (fewer than 50 employees) and broadens eligibility to include unemployed veterans regardless of when they were discharged. It adds an additional $1,000 credit for each new full-time recently deployed unemployed veteran hired, provided the employer meets the existing requirements. It defines what counts as a recently deployed unemployed veteran and sets an effective date of January 1, 2017.

Who It Affects

• Small employers with fewer than 50 employees in Alabama, who hire unemployed veterans and would claim income tax or financial institution excise tax credits.
• Unemployed veterans in Alabama who meet the definition of a recently deployed unemployed veteran (including residency, discharge timing, and unemployment status) and are hired for positions with most duties in Alabama, potentially qualifying for the additional $1,000 credit.

Key Provisions

• The act is renamed the Veterans Employment Act of 2012 (Heroes for Hire Tax Credit Act of 2012 renamed).
• Eligibility is broadened so small employers (<50 employees) can claim the tax credit for hiring unemployed veterans regardless of the veteran's discharge date.
• An additional nonrefundable $1,000 tax credit is provided for each new full-time recently deployed unemployed veteran hired, subject to existing credit requirements and the new definition.
• A formal definition of recently deployed unemployed veteran is established (including Alabama residency at service entry, discharge within the two-year period before hire, and Department of Labor unemployment certification).
• The act becomes effective January 1, 2017.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Veterans