SB163 Alabama 2015 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2015
Title
Tax Credits, Alabama New Markets Development Act, limitations revised, allocation of tax credits further provided for, Sec. 41-9-219.2 am'd.
Description
This bill would change the Alabama New Markets Development Act to allow the Governor to provide via executive order for an additional $5 Million to the existing cap of $20 Million
Amending the annual state cap limits to allow the Governor to provide an additional credits relating to the Alabama New Markets Development Act.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 5, 2015 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB163 Alabama 2015 Session - Introduced |