Code of Alabama
Chapter 18 - Income Taxes.
Article 16 - Alabama Jobs Act.

Section 40-18-370 - Short Title; Legislative Findings; Definitions. - (a) This article shall be known and may be cited...

Section 40-18-370.1 - Legislative Findings as to Enhancement of Alabama Jobs Act. - The Legislature finds as follows: (a) While Alabama's incentive programs...

Section 40-18-371 - Requirements for Receipt of Incentives. - For a company to receive one or both of the...

Section 40-18-372 - Qualifying Projects - Activities and Standards. - A qualifying project must be found by the Secretary of...

Section 40-18-373 - Approved Companies. - In order for a company to be an approved company,...

Section 40-18-374 - Claiming of Incentives; Project Agreement; Amounts and Durations of Incentives. - (a) An incentivized company may claim either or both of...

Section 40-18-375 - Jobs Credit Against Utility Taxes; Realization of Benefits; Regulations. - (a)(1) If provided for in the project agreement and in...

Section 40-18-376 - Investment Credit; Realization Methods; Rulemaking Authority. - (a) If provided for in the project agreement, the incentivized...

Section 40-18-376.1 - Projects in Targeted or Jumpstart Counties. - (a) As used in this section, the following terms shall...

Section 40-18-376.2 - Additional Jobs Credit for Employment of Veterans. - (a) The provisions in this section shall apply to the...

Section 40-18-376.3 - Qualifying Projects by Technology Companies. - (a)(1) This section shall be applicable to a technology company...

Section 40-18-376.4 - Qualifying Projects by Underrepresented Companies. - (a) This section shall be applicable to an underrepresented company,...

Section 40-18-377 - Project Agreements Forwarded to Department of Revenue; Incentives Not Deemed Securities. - (a) After its execution, the Department of Commerce shall forward...

Section 40-18-378 - Verification of Employment Numbers; Audits; Return of Unearned Credit Amounts; Liability of Incentivized Companies. - (a) The Department of Labor shall periodically verify the actual...

Section 40-18-379 - Joint Legislative Advisory Committee on Economic Incentives. - (a) There is hereby created a permanent Joint Legislative Advisory...

Section 40-18-380 - Implementation of Article. - (a) The Departments of Commerce, Labor, Insurance, Revenue, and Finance...

Section 40-18-381 - Construction of Article. - (a) Nothing in this article shall be construed to constitute...

Section 40-18-382 - Continuation or Reinstatement of Incentives. - The incentives authorized by this article shall not be available...

Section 40-18-383 - Maximum Balance of Outstanding Incentives; Availability of Incentives to Existing Projects. - (a) At no time prior to the calendar year ending...

Section 40-18-384 - Special Industrial or Research Enterprises; Amounts and Durations of Incentives; Fees for Amendments to Project Agreements. - (a) Both of the following shall be considered industrial or...

Section 40-18-385 - Implementation and Administration of the Alabama Incentives Modernization Act. - The departments of Economic and Community Affairs, Revenue, Commerce, and...

Section 40-18-386 - Reductions of Distribution for Education Trust Fund and General Fund. - Notwithstanding the provisions of Section 40-18-376(d)(2), to the extent the...