HB414 Alabama 2015 Session
Bill Summary
The Alabama Small Business Jobs Act would establish a tax credit for Alabama small businesses to enhance the economy by hiring new Alabama employees
This bill would define an Alabama small business employer as any business organization in Alabama having 50 or fewer employees
This bill would provide for a tax credit to any Alabama small business employer that creates new jobs and hires a new employee in an amount of $1,250 per qualified new employee
The bill would also repeal the Full Employment Act of 2011
To establish the Alabama Small Business Jobs Act; to define certain terms; to provide for a tax credit to Alabama small business employers that create new jobs and hire new employees under certain conditions; to repeal Article 11, Chapter 18, Title 40, Code of Alabama 1975, relating to the Full Employment Act of 2011; to amend Section 40-18-321, Code of Alabama 1975, to make conforming changes; and to provide rulemaking authority.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| June 3, 2015 | H | Indefinitely Postponed |
| April 16, 2015 | H | Read for the second time and placed on the calendar |
| April 2, 2015 | H | Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 15, 2015 | Room 410 at 13:30 | House ED&T Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB414 Alabama 2015 Session - Introduced |