Alabama § 40-18-325 (Repealed by Act 2023-546, § 7, Effective December 31, 2028, Unless Extended by Act of Legislature) Repeal of Incentives

Alabama Statutes

§ 40-18-325 — (Repealed by Act 2023-546, § 7, Effective December 31, 2028, Unless Extended by Act of Legislature) Repeal of Incentives

Alabama·Title 40 Revenue and Taxation·Ch. 18 Income Taxes·Art. 13 “Heroes for Hire” Tax Credit Act of 2012

(a)The Veterans Employment Act, Article 13, commencing with Section 40-18-320, Chapter 18, of Title 40, is repealed effective December 31, 2028, unless extended by an act of the Legislature prior to that date for no more than five additional years.

(b)The repealing of the incentives in subsection (a) shall only affect the availability of the tax credits after December 31, 2028, and shall not cause a reduction or suspension of any credits awarded on or prior to December 31, 2028.

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(a)
The Veterans Employment Act, Article 13, commencing with Section 40-18-320, Chapter 18, of Title 40, is repealed effective December 31, 2028, unless extended by an act of the Legislature prior to that date for no more than five additional years.
(b) The repealing of the incentives in subsection (a) shall only affect the availability of the tax credits after December 31, 2028, and shall not cause a reduction or suspension of any credits awarded on or prior to December 31, 2028.

Alabama § 40-18-325 ((Repealed by Act 2023-546, § 7, Effective December 31, 2028, Unless Extended by Act of Legislature) Repeal of Incentives) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.