Code of Alabama
Article 16 - Alabama Jobs Act.
Section 40-18-381 - Construction of Article.

(a) Nothing in this article shall be construed to constitute a guarantee or assumption by the state of any debt of any company nor to authorize the credit of the state to be given, pledged, or loaned to any company.
(b) The provisions of this article shall not be construed in a manner adverse to the validity of any jobs act incentives.
(c) Nothing in this article shall be construed to make available to any company any right to the jobs act incentives absent strict compliance with this article.

Structure Code of Alabama

Code of Alabama

Title 40 - Revenue and Taxation.

Chapter 18 - Income Taxes.

Article 16 - Alabama Jobs Act.

Section 40-18-370 - Short Title; Legislative Findings; Definitions.

Section 40-18-370.1 - Legislative Findings as to Enhancement of Alabama Jobs Act.

Section 40-18-371 - Requirements for Receipt of Incentives.

Section 40-18-372 - Qualifying Projects - Activities and Standards.

Section 40-18-373 - Approved Companies.

Section 40-18-374 - Claiming of Incentives; Project Agreement; Amounts and Durations of Incentives.

Section 40-18-375 - Jobs Credit Against Utility Taxes; Realization of Benefits; Regulations.

Section 40-18-376 - Investment Credit; Realization Methods; Rulemaking Authority.

Section 40-18-376.1 - Projects in Targeted or Jumpstart Counties.

Section 40-18-376.2 - Additional Jobs Credit for Employment of Veterans.

Section 40-18-376.3 - Qualifying Projects by Technology Companies.

Section 40-18-376.4 - Qualifying Projects by Underrepresented Companies.

Section 40-18-377 - Project Agreements Forwarded to Department of Revenue; Incentives Not Deemed Securities.

Section 40-18-378 - Verification of Employment Numbers; Audits; Return of Unearned Credit Amounts; Liability of Incentivized Companies.

Section 40-18-379 - Joint Legislative Advisory Committee on Economic Incentives.

Section 40-18-380 - Implementation of Article.

Section 40-18-381 - Construction of Article.

Section 40-18-382 - Continuation or Reinstatement of Incentives.

Section 40-18-383 - Maximum Balance of Outstanding Incentives; Availability of Incentives to Existing Projects.

Section 40-18-384 - Special Industrial or Research Enterprises; Amounts and Durations of Incentives; Fees for Amendments to Project Agreements.

Section 40-18-385 - Implementation and Administration of the Alabama Incentives Modernization Act.

Section 40-18-386 - Reductions of Distribution for Education Trust Fund and General Fund.