Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/41-9-219.2.htm |
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Depth: | 0 singles |
Size: | 844 bytes |
Modified: | 2013-06-18 07:59:42 |
Categories: | -None- |
Title: | 41-9-219.2 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 41-9-219.2 Limitation on certifications. Once the department has certified a cumulative amount of qualified equity investments that can result in the utilization of twenty million dollars ($20,000,000) of tax credits in any tax year, the department may not certify any more qualified equity investments under Section 41-9-219.3. This limitation shall be based on the scheduled utilization of tax credits without regard to the potential for taxpayers to carry forward tax credits to later tax years. (Act 2012-483, p. 1340, ยง6.) |