In addition to the tax credit allowed for in the Full Employment Act of 2011 or the Alabama Small Business and Agribusiness Jobs Act, an additional one thousand dollar ($1,000) tax credit is available to a business that meets the requirements for a tax credit under Section 40-18-290 through 40-18-293 or Sections 40-18-391 and 40-18-392, for each unemployed or combat veteran hired for a full-time position paying at least fourteen dollars ($14) per hour, the majority of the duties of which are at a business location within Alabama. The additional credit shall be available in the tax year during which the employee has completed 12 months of consecutive employment.
Structure Code of Alabama
Title 40 - Revenue and Taxation.
Article 13 - "Heroes for Hire" Tax Credit Act of 2012.
Section 40-18-320 - Short Title.
Section 40-18-320.1 - Definitions.
Section 40-18-321 - Availability of Tax Credit.
Section 40-18-322 - Eligibility for Tax Credit.
Section 40-18-323 - Expenses Associated With a Start-Up Business.