Economic tax incentives, reporting requirements of state agencies, Sec. 40-1-50 am'd.
This bill would change the reporting date requirements of state agencies that administer economic tax incentives and establish sunset provisions and reporting guidelines for economic tax incentives
Relating to economic tax incentives; to amend Section 40-1-50, Code of Alabama 1975; to change the reporting date requirements of state agencies which administer economic tax incentives; to align committee schedules to review state agency reports; to establish sunset dates for tax incentive programs; to establish future sunset dates for extended tax incentive programs; and to provide required guidelines for all new incentive legislation.
April 6, 2022
March 29, 2022
Read for the second time and placed on the calendar
March 9, 2022
Read for the first time and referred to the Senate committee on Finance and Taxation Education