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SB214 Alabama 2016 Session

Updated Jul 24, 2021
SB214 Alabama 2016 Session
Senate Bill
In Committee
Current Status
Regular Session 2016
Session
1
Sponsor

Summary

Session
Regular Session 2016
Title
Broadband telecommunication network facilities, tax credit for percentage of investment, Sec. 40-18-371.1 added; Sec. 40-18-370 am'd.
Description

This bill would encourage accelerated investment in broadband infrastructure by private businesses by providing a nonrefundable income tax credit equal to 10 percent of the qualified investment in new broadband telecommunications network facilities in the state.

Subjects
Tax Credits

Bill Actions

S

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

Bill Text

Votes

Documents

Source: Alabama Legislature