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URL:http://alisondb.legislature.state.al.us/alison/CodeOfAlabama
/1975/40-18-377.htm
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Size:722 bytes
Modified:2015-11-02 12:22:40
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Title:40-18-377
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Body:Section 40-18-377

Project agreements forwarded to Department of Revenue; incentives not deemed securities.

(a) After its execution, the Department of Commerce shall forward to the Department of Revenue a copy of any project agreement that allows an incentivized company to claim a jobs act incentive.

(b) Jobs act incentives shall not be considered securities under Section 8-6-2(10).

(Act 2015-27, ยง3.)