Alabama § 41-23-26 Additional Requirements for Business, Etc., to Receive Benefits

Alabama Statutes

§ 41-23-26 — Additional Requirements for Business, Etc., to Receive Benefits

Alabama·Title 41 State Government·Ch. 23 Department of Economic and Community Affairs·Art. 2 Alabama Enterprise Zone Act

REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. Additional requirements for a business, partnership, corporation, or individual to receive benefits shall include:

(1)The business must expand its labor force or make new capital investments or prevent a loss of employment to an existing business.

(2)A business may not have closed or reduced employment elsewhere in Alabama in order to expand into the zone.

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REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE.
Additional requirements for a business, partnership, corporation, or individual to receive benefits shall include:
(1) The business must expand its labor force or make new capital investments or prevent a loss of employment to an existing business.
(2) A business may not have closed or reduced employment elsewhere in Alabama in order to expand into the zone.

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