SB312 Alabama 2016 Session

Updated Feb 24, 2026

Summary

Primary Sponsor: Del Marsh
Republican
Session: Regular Session 2016
Title: Economic development, Alabama Jobs Act, development of certain closed military installations subject to jobs credit under certain conditions, Act 2015-27, 2015 Reg. Sess., am'd; Secs.40-18-370, 40-18-376.2 am'd.
Summary: SB312 extends the Alabama Jobs Act to allow an extra 0.5% jobs credit for companies with qualifying projects on BRAC-closed installations and clarifies how veteran employment is counted for these projects.
What This Bill Does
It makes BRAC-closed former active-duty military installations eligible locations for the additional 0.5% jobs credit on wages paid to eligible employees, alongside the existing veteran-employment credit. The existing rule that companies with at least 12% veteran employees in the prior year can receive the extra 0.5% credit remains, with the veteran calculation specified by the project agreement. It also requires the Department of Labor to periodically verify veteran employment and wages and prevents double claiming of credits for any portion of a project.

Who It Affects
Incentivized companies (approved and related) undertaking qualifying projects, especially those located on BRAC-closed installations, who may receive an additional 0.5% jobs credit on wages for eligible employees or veterans.
Veterans and other eligible employees working on qualifying BRAC or BRAC-located projects, whose wages may qualify for the additional 0.5% credit, with employment verification handled by the Department of Labor.

Key Provisions
Adds qualifying BRAC-located projects to the Alabama Jobs Act so they can receive the additional 0.5% jobs credit on wages paid to eligible employees.
Requires periodic verification by the Department of Labor of veteran employment numbers and wages, and prevents double claiming of credits for any portion of a project.

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