Code of Alabama - Title 40: Revenue and Taxation - Section 40-9B-4.1 - Availability of incentives

Section 40-9B-4.1 - Availability of incentives.

In no event shall any incentive provided in Act 2012-210 be available to any company filing an application after December 31, 2023, unless Act 2012-210 is reauthorized pursuant to legislation in that year and once every five years succeeding the 2024 reauthorization. Any project granted incentive prior to December 31, 2023, shall be entitled to those incentives pursuant to the project agreement regardless of whether Act 2012-210 is reauthorized.

(Act 2012-210, p. 351, §3; Act 2018-475, §1.)

Last modified: May 3, 2021