Senate Finance and Taxation Education (Senate) Hearing
Finance and Taxation at 10:00:00
The Growing Alabama Act, the Innovating Alabama Act, the Alabama Jobs Act, and the governing definitions and powers granted to Innovate Alabama rely on the federal definition of New Market Tax Credit census tracts for eligible projects. The federal map of census tracts will change on September 1, 2024, making some communities that are currently eligible for state incentives ineligible.
This bill would allow those existing communities to still qualify for the named initiatives and incentives.
Enacted
Enacted
Delivered to Governor
Enrolled
Signature Requested
Ready to Enroll
Motion to Read a Third Time and Pass - Adopted Roll Call 1127
Third Reading in Second House
Read for the Second Time and placed on the Calendar
Reported Out of Committee Second House
Pending Senate Finance and Taxation Education
Read for the first time and referred to the Senate Committee on Finance and Taxation Education
Motion to Read a Third Time and Pass - Adopted Roll Call 923
Third Reading in House of Origin
Read for the Second Time and placed on the Calendar
Reported Out of Committee House of Origin
Pending House Ways and Means Education
Read for the first time and referred to the House Committee on Ways and Means Education
Finance and Taxation at 10:00:00
Room 200 at 09:00:00
Source: Alabama Legislature