SB593 Alabama 2010 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2010
Title
New Markets Development Program, established, income tax credit for certain qualified active low-income community businesses, Alabama Development Office to implement
Description
This bill would establish the Alabama New Markets Development Program. The bill would allow an income tax credit for certain qualified active low-income community businesses for a certain period of time. The bill would provide that the program would be implemented and administered by the Alabama Development Office
To establish the Alabama New Markets Development Program, to allow an income tax credit for certain qualified active low-income community businesses for a certain period of time, and to provide that the program would be implemented and administered by the Alabama Development Office.
Subjects
New Markets Development Program
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 6, 2010 | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB593 Alabama 2010 Session - Introduced |