Alabama 2023 Regular Session

Alabama House Bill HB241

Introduced
4/4/23  
Refer
4/4/23  
Report Pass
4/12/23  
Report Pass
4/12/23  
Report Pass
4/12/23  
Report Pass
4/12/23  
Report Pass
4/12/23  
Engrossed
4/13/23  
Refer
4/13/23  
Report Pass
4/19/23  
Report Pass
4/19/23  
Enrolled
4/20/23  

Caption

Relating to the Alabama Jobs Act and the Growing Alabama Act; to amend Sections 40-18-370, 40-18-372, 40-18-374, 40-18-375, 40-18-376, 40-18-376.1, 40-18-376.2, 40-18-376.3, 40-18-376.4, 40-18-377, 40-18-378, 40-18-382, 40-18-383, 40-18-417.1, 40-18-417.2, 40-18-417.3, 40-18-417.4, 40-18-417.7, and 40-9B-4.1, Code of Alabama 1975, to extend the Alabama Jobs Act sunset date to July 31, 2028; to increase the annualized cap on outstanding Alabama Jobs Act incentives by twenty-five million dollars each year for five years up to four hundred seventy-five million dollars; to increase the investment tax credit transfer time to provide that the first five years of the investment credit may be transferred by the incentivized company and applied by another person or company under the Alabama Jobs Act; to extend the Growing Alabama Act sunset date to July 31, 2028, to increase the annual cap on funding approved pursuant to the Growing Alabama Act to thirty-five million dollars; to remove certain programs from the Growing Alabama Act for the transfer to Innovate Alabama.

Companion Bills

No companion bills found.

Previously Filed As

AL HB467

Taxation; to amend 40-18-14, Code of Alabama 1975, relating to overtime compensation

AL HB217

Relating to gross income; to amend Section 40-18-14, Code of Alabama 1975; to exclude difficulty of care payments from gross income.

AL SB22

Alabama Jobs Act, further provides for recapture of incentives

AL HB373

Alabama Film Office renamed, Entertainment Industry Incentive Act of 2009 amended, maximum expenditure threshold eligible for rebates increased, annual cap increased, unspent incentives carried forward

AL SB177

Alabama Film Office renamed, Entertainment Industry Incentive Act of 2009 amended, maximum expenditure threshold eligible for rebates increased, annual cap increased, unspent incentives carried forward

AL HB505

Alabama Tax Tribunal, judge compensation revised, period of time to file an appeal to tribunal increased

AL SB321

Alabama Drycleaning Response Trust Fund Board, requirement that the Alabama Department of Environmental Management prevent involvement of other units of government in contamination problems deleted; required minimum balance in Alabama Drycleaning Environmental Response Trust Fund reduced from one million to two hundred fifty thousand dollars

AL HB390

Alabama Drycleaning Response Trust Fund Board, requirement that the Alabama Department of Environmental Management prevent involvement of other units of government in contamination problems deleted; required minimum balance in Alabama Drycleaning Environmental Response Trust Fund reduced from one million to two hundred fifty thousand dollars

AL SB305

Alabama Renewing Alabama's Investment in Student Excellence (RAISE) Act created, additional funding for public schools authorized based on the individual needs of students

AL HB533

Alabama Renewing Alabama's Investment in Student Excellence (RAISE) Act created, additional funding for public schools authorized based on the individual needs of students

Similar Bills

No similar bills found.