HB257 Alabama 2012 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Taxation, state income tax credit for investments, businesses in impoverished and low income communities.
Description
Under existing law, there is no state income tax credit in Alabama for investments in businesses in impoverished and low income communities
This bill would allow a state income tax credit for certain qualified community businesses in the downtown core area or central business district in any Class 1, Class 2, or Class municipality
Relating to Class 1, Class 2, and Class municipalities; to establish a state income tax credit for investments in businesses in impoverished and low income communities within a downtown core area or central business district.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 9, 2012 | Forwarded to Governor at 4:23 p. m. on May 9, 2010. | |
| May 9, 2012 | Assigned Act No. 2012-483. | |
| May 9, 2012 | Clerk of the House Certification | |
| May 9, 2012 | Signature Requested | |
| May 9, 2012 | Enrolled | |
| May 9, 2012 | Concurred in Second House Amendment | |
| May 9, 2012 | Ison motion to Concur In and Adopt adopted Roll Call 1422 | |
| May 9, 2012 | Concurrence Requested | |
| May 8, 2012 | Blackwell motion to Adopt adopted Roll Call 1190 | |
| May 8, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1191 | |
| May 8, 2012 | Blackwell Amendment Offered | |
| May 8, 2012 | Blackwell motion to Adopt adopted Roll Call 1189 | |
| May 8, 2012 | Small Business first Substitute Offered | |
| May 8, 2012 | Third Reading Passed | |
| April 5, 2012 | Read for the second time and placed on the calendar with 1 substitute and | |
| March 15, 2012 | Read for the first time and referred to the Senate committee on Small Business | |
| March 6, 2012 | Engrossed | |
| March 6, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 225 | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 224 | |
| March 6, 2012 | Coleman Amendment Offered | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 223 | |
| March 6, 2012 | McCampbell Amendment Offered | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 222 | |
| March 6, 2012 | Ison Amendment Offered | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 221 | |
| March 6, 2012 | Clouse Amendment Offered | |
| March 6, 2012 | Motion to Adopt adopted Roll Call 220 | |
| March 6, 2012 | Economic Development and Tourism first Substitute Offered | |
| March 6, 2012 | Third Reading Passed | |
| February 23, 2012 | Read for the second time and placed on the calendar with 1 substitute and | |
| February 9, 2012 | Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB257 Alabama 2012 Session - Enrolled |
| Bill Text | HB257 Alabama 2012 Session - Engrossed |
| Bill Text | HB257 Alabama 2012 Session - Introduced |