HB553 Alabama 2017 Session
Summary
- Primary Sponsor
-
Phil WilliamsRepublican - Session
- Regular Session 2017
- Title
- Employment, require employers who receive assistance from government to report relocation
- Description
Under existing law, certain employers who relocate their business out of the State of Alabama are not required to report the relocation to the Secretary of the Department of Labor.
This bill would establish the Alabama Employer Fairness Act.
This bill would require each employer who does any business with this state, a state agency, or any political subdivision of this state or receives any tax credit, tax incentive, loan, or grant from the state, a state agency, or any political subdivision of this state to report the relocation to the Secretary of Labor.
This bill would require the Secretary of Labor to provide a list containing the names of each relocating employer and each employer who fails to meet the stated commitments of the tax credit, tax incentive, loan, or grant received from the state, a state agency, or any political subdivision of this state to certain public and elected officials.
This bill would provide for civil penalties against any employer who fails to provide appropriate relocation notice.
This bill would prohibit any employer who appears on the reporting list from receiving any direct or indirect tax credit, tax incentive, loan, or grant in the future.
This bill would require any employer who appears on the list to remit the unamortized value of any tax credit, tax incentive, loan, or grant, or any other governmental support.
This bill would also provide for exceptions.
- Subjects
- Employment
Bill Actions
Read for the first time and referred to the House of Representatives committee on State Government
Bill Text
Documents
Source: Alabama Legislature