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  • Introduced
    Apr 20, 2023
  • Passed House
  • Passed Senate
  • Signed into Law
HB 357
Alabama House Bill
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Relating to the state income tax; to establish the Alabama Workforce Housing Tax Credit Act; to create the Alabama Workforce Housing Tax Credit for qualified workforce housing projects; to define certain terms; to provide for minimum and maximum annual award amounts for qualified projects; to allow the tax credits to be claimed for 10 years against the income tax liability of a qualified taxpayer; to allow carryforward for earned but unused tax credits; to require a minimum of the annual award cycle cap be awarded for qualified projects located in areas designated as rural by the authority; and to require the Alabama Housing Finance Authority to implement and administer the provisions of this act. (Ways and Means Education)
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House • Apr 20, 2023: Introduced and Referred (Ways and Means Education)
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  • Apr 20, 2023 | House
    • Read First Time in House of Origin
    • Introduced and Referred (Ways and Means Education)
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