HB293 Alabama 2023 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2023
Title
Relating to port credits; to amend Section 40-18-403, Code of Alabama 1975, to expand tax incentives for businesses and enterprises who increase their cargo volume through Alabama public ports.
Description
Under existing law, an income tax credit is allowed for certain port activities
This bill would revise the structure of the amounts of the credits that may be claimed and expand the credit to allow port users to claim a jobs tax credit if the user increases their cargo base volume
Relating to port credits; to amend Section 40-18-403, Code of Alabama 1975, to expand tax incentives for businesses and enterprises who increase their cargo volume through Alabama public ports.
Subjects
Port Incentives, expanded
Bill Actions
Action Date | Chamber | Action |
---|---|---|
April 19, 2023 | H | Read Second Time in House of Origin |
April 19, 2023 | H | Reported Out of Committee in House of Origin |
April 19, 2023 | H | Reported Favorably from House Ports, Waterways & Intermodal Transit |
April 19, 2023 | H | Amendment/Substitute by House Ports, Waterways & Intermodal Transit NFGF88-1 |
April 19, 2023 | H | Amendment/Substitute by House Ports, Waterways & Intermodal Transit 5UYW36-1 |
April 11, 2023 | H | Introduced and Referred to House Ways and Means Education |
April 11, 2023 | H | Read First Time in House of Origin |
Bill Calendar
Type | Date | Location | Description |
---|---|---|---|
Hearing | April 19, 2023 | Room 206 at 16:00 | House Ports, Waterways & Intermodal Transit Hearing |
Bill Text
Bill Documents
Type | Link |
---|---|
Bill Text | HB293 Alabama 2023 Session - Introduced |