HB518 Alabama 2022 Session
Updated Mar 18, 2022
HB518 Alabama 2022 Session
House Bill
Expired
Current Status
Regular Session 2022
Session
1
Sponsor
Summary
- Primary Sponsor
-
Jeremy Gray RepresentativeDemocrat - Session
- Regular Session 2022
- Title
- Economic development, to create a small business micro-loan program, to establish a micro-loan tax credit for the benefit of the micro-loan program, Secs. 41-10-840 to 41-10-843, inclusive, added.
- Description
Under existing law, there is no provision for a program funded by the tax credits that provides micro-loans to eligible small businesses.
This bill would create a small business micro-loan program to provide micro-loans to eligible small businesses in Alabama and provide for micro-loan tax credits to fund the Alabama Small Business Micro-Loan Program.
- 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