Alabama Economic News

Alabama Could See $1.4 Billion “Fiscal Shock” From COVID-19

Brent Wilson | April 30, 2020

Moody’s Analytics estimates that Alabama would face a fiscal shock of $1.4 billion in a scenario where the COVID-19 pandemic caused a severe recession. Moody’s Analytics, in an effort to try to provide policymakers and other stakeholders with an estimate of the potential downside implications,...

Rep. Garrett: Ivey Will Announce Reopening Plans Tomorrow

Dakota Layton | April 27, 2020

On Monday, Alabama State Rep. Danny Garrett tweeted that Governor Kay Ivey would an announcement tomorrow regarding her plans for reopening the state’s economy. “On a call w/ members of the Alabama Legislature this morning, Gov. Ivey said she would make an announcement tomorrow (4/28)...

Gov. Ivey Awards $9.5 Million in Grants to Expand Broadband Access

Dakota Layton | April 1, 2020 Kay Ivey

As the coronavirus pandemic becomes more devastating across the United States, students are continuing their academic studies online. Public schools and universities across the country have closed their campuses and fully transitioned to an online instruction platform. Communities are thus reliant on access to broadband...

Kay Ivey Extends Tax Deadline In Alabama

Brent Wilson | March 23, 2020 Financial Advisory, Corporate Tax Planning or Optimization

Governor Kay Ivey and the Alabama Department of Revenue announced today that the state income tax filing due date is extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer state income tax payments due on April 15, 2020, to July 15,...

Gov. Ivey Confident Financial Institutions Can Weather Coronavirus

Brent Wilson | March 17, 2020 Bank credit card, moneys and coins and bank contract on background. Money and concept credit concept

Governor Kay Ivey on Tuesday in cooperation with the Superintendent of Banking Mike Hill emphasized measures taken by financial regulators to protect the financial system within the state. The Alabama Banking Department, which oversees operations of our banks, has partnered with its regulated banks to...

Daily Email Subscription

Search

Trending