HB195 Alabama 2020 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2020
Title
Commerce, Alabama Rural and Agribusiness Jobs Act
Description
This bill would create the Alabama Rural and Agribusiness Jobs Act to create a procedure for the certification of growth funds and would authorize the Department of Commerce to issue a tax credit certificate to taxpayers who make investor contributions to a certified growth fund to make capital accessible to rural, minority, and female owned businesses
Relating to commerce; to establish the Alabama Rural and Agribusiness Jobs Act; to establish a procedure for the certification of growth funds, as defined; and to authorize the issuance of tax credit certificates under certain conditions.
Subjects
Commerce Department
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 12, 2020 | H | Pending third reading on day 13 Favorable from Ways and Means General Fund with 1 substitute and 1 amendment |
| March 12, 2020 | H | Ways and Means General Fund first Amendment Offered to the Substitute |
| March 12, 2020 | H | Read for the second time and placed on the calendar with 1 substitute and 1 amendment |
| February 6, 2020 | H | Ways and Means General Fund first Substitute Offered |
| February 6, 2020 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 11, 2020 | Room 617 at 13:30 | House W&MGF Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB195 Alabama 2020 Session - Introduced |
| Bill Amendments | House Ways and Means General Fund first Substitute Offered |
| Bill Amendments | House Ways and Means General Fund first Amendment Offered to the Substitute |