Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/40-18-371.htm |
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Depth: | 0 singles |
Size: | 1,407 bytes |
Modified: | 2017-11-01 09:17:04 |
Categories: | -None- |
Title: | 40-18-371 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 40-18-371 Requirements for receipt of incentives. For a company to receive one or both of the jobs act incentives provided in this article, all of the following shall occur: (1) There must be a qualifying project predominantly conducting an activity specified in Section 40-18-372(1); (2) The qualifying project shall create at least the number of new jobs specified in Section 40-18-372(2); (3) The company proposing the qualifying project must be an approved company, as provided in Section 40-18-373; (4) The approved company and the Governor must enter into a project agreement, as provided in Section 40-18-374; (5) If the incentivized company is allowed a jobs credit, the proof of wages actually paid shall have been delivered and certified, as provided in Section 40-18-375; and (6) If the incentivized company is allowed an investment credit, the proof of capital actually invested shall have been delivered and certified, as provided in Section 40-18-376. (Act 2015-27, p. 103, §3; Act 2017-442, §2(b)(8), 2(b)(9).) |