HB511 Alabama 2016 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Taxation, small business formed after October 1, 2016, ad valorem tax abatement, Alabama New Small Business Employer Ad Valorem Tax Abatement Act
Description
This bill would provide a two-year abatement of all state and local ad valorem tax for newly formed Alabama small business employers and would define an Alabama new small business employer
To provide a two-year state and local ad valorem tax abatement for certain Alabama new small business employers.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 7, 2016 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB511 Alabama 2016 Session - Introduced |