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HB408 Alabama 2022 Session

Updated Feb 24, 2022
HB408 Alabama 2022 Session
House Bill
Expired
Current Status
Regular Session 2022
Session
1
Sponsor

Summary

Session
Regular Session 2022
Title
Economic Development incentives, Revenue Dept required to submit a Unified Economic Development Budget
Description

Under current statutes, there is not a single method to understand the impact of economic development incentives given by governmental entities.

This bill would require the Alabama Department of Revenue to submit a Unified Economic Development Budget (UEDB) to provide policymakers and taxpayers with a comprehensive accounting of all economic development spending-all in one place.

Subjects
Economic Development

Bill Actions

H

Read for the first time and referred to the House of Representatives committee on Ways and Means Education

Bill Text

Documents

Source: Alabama Legislature