Alabama Statutes

§ 37-11C-5 — Rulemaking Authority; Applications for Reservation of Tax Credits

Alabama·Title 37 Public Utilities and Public Transportation·Ch. 11C Railroad Modernization Act of 2019
(a)By October 1, 2019, the Department of Commerce shall adopt rules necessary to implement this chapter. Applications for the reservation of tax credits shall be accepted beginning November 1, 2019.
(b)By October 1, 2022, the Department of Revenue shall adopt rules necessary to implement this chapter. Applications for the reservation of tax credits shall be accepted beginning November 1, 2022.

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Legislative History

(Act 2019-459, §5; Act 2022-341, §1.)

Nearby Sections

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