HB293 Alabama 2023 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2023
Title
Relating to port credits; to amend Section 40-18-403, Code of Alabama 1975, to expand tax incentives for businesses and enterprises who increase their cargo volume through Alabama public ports.
Description
<p class="bill_description">
Under existing law, an income tax credit is
allowed for certain port activities</p><p class="bill_description"> This bill would revise the structure of the
amounts of the credits that may be claimed and
expand the credit to allow port users to claim a jobs
tax credit if the user increases their cargo base
volume</p><p class="bill_entitled_an_act"> Relating to port credits; to amend Section 40-18-403,
Code of Alabama 1975, to expand tax incentives for businesses
and enterprises who increase their cargo volume through
Alabama public ports.
</p>
Subjects
Port Incentives, expanded
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 19, 2023 | H | Read Second Time in House of Origin |
| April 19, 2023 | H | Reported Out of Committee in House of Origin |
| April 19, 2023 | H | Reported Favorably from House Ports, Waterways & Intermodal Transit |
| April 19, 2023 | H | Amendment/Substitute by House Ports, Waterways & Intermodal Transit NFGF88-1 |
| April 19, 2023 | H | Amendment/Substitute by House Ports, Waterways & Intermodal Transit 5UYW36-1 |
| April 11, 2023 | H | Introduced and Referred to House Ways and Means Education |
| April 11, 2023 | H | Read First Time in House of Origin |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 19, 2023 | Room 206 at 16:00 | House Ports, Waterways & Intermodal Transit Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB293 Alabama 2023 Session - Introduced |