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40-18-370.1
Section 40-18-370.1 Legislative findings as to enhancement of Alabama Jobs Act. The Legislature
finds as follows: (a) While Alabama's incentive programs have succeeded in growing industry
in the more populated parts of the state, Alabama's rural and low growth communities have
not enjoyed the same rates of success. (b) Alabama's incentives grew out of a need to attract
heavy industry to the state. Now, Alabama must also prepare for the future by attracting and
retaining high-tech companies, and preparing and retaining a workforce trained for such jobs.
(c) New tools must be brought to bear to solve Alabama's rural, low growth, and high-tech
deficits. (d) It is a public purpose to expand Alabama's incentives laws to attract and retain
companies in rural and low growth areas in Alabama, and high-tech companies and workers throughout
the state. The tools used in Act 2019-392 are urgently needed to solve these problems. (e)
The Legislature finds that the enhancements to the Alabama Jobs...
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41-7A-41
Section 41-7A-41 Legislative findings. The following is hereby found and declared by the Legislature
of Alabama: (1) Although Alabama is filled with attractive natural resources, a growing workforce,
and other resources attractive to the entertainment industry, Alabama has not developed its
potential in terms of attracting the entertainment industry to the state by offering production
incentives for qualified productions not previously offered in Alabama. (2) Entertainment
industry incentives offered by other states attract valuable projects to their states which
stimulate local economies, use local manpower, offer other employment and entrepreneurial
opportunities for state residents, and provide public awareness of the natural resources available
in their states. (3) Because Alabama does not currently offer a viable incentive package to
the industry, Alabama cannot effectively compete with other states for attracting industry
projects and those projects locate elsewhere. (4) For...
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40-18-370
Section 40-18-370 Short title; legislative findings; definitions. (a) This article shall be
known and may be cited as the Alabama Jobs Act. (b) The Legislature makes the following findings:
(1) The economic well-being of the citizens of the state will be enhanced by the increased
development and growth of employment within Alabama. (2) It is in the best interests of the
state to provide certain incentives to allow the state to foster economic development through
the recruitment of quality projects and the expansion of existing businesses within Alabama.
(3) The incentives provided for in this article do not raise any taxes for any individuals
or businesses in Alabama under state law. (4) The incentives provided in this article will
allow the state to encourage the creation of new jobs that may not otherwise exist within
the State of Alabama. (5) The incentives provided in this article will increase revenues for
the state without increasing taxes. (6) The Constitution of the State of...
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41-23-20
Section 41-23-20 Short title; legislative findings and purpose. This article shall be cited
as the "Alabama Enterprise Zone Act." The Legislature of Alabama hereby finds and
declares that the health, safety, and welfare of the people of this state are dependent upon
the continued encouragement, development, growth, and expansion of the private sector within
the state and that there are certain depressed areas in the state that need the particular
attention of government to help attract private sector investment into these areas. Therefore,
it is declared to be the purpose of this article to stimulate business and industrial growth
in the depressed areas of the state, both in urban and rural areas, by the relaxation of certain
governmental controls, by providing assistance to businesses and industries, and by providing
state and local tax and nontax incentives in these areas. (Acts 1987, No. 87-573, p. 897,
§1.)...
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45-49A-82
Section 45-49A-82 Legislative findings; purpose. The Legislature of Alabama finds and declares
that the health, safety, and welfare of the people of the City of Prichard, in Mobile County,
Alabama, are enhanced by the continual encouragement, development, growth, and expansion of
private enterprise within this state. That there are certain economically depressed areas
in such city that need particular attention to create new jobs, stimulate economic activity,
and attract private sector investment rather than government subsidy to improve the quality
of life of their citizens. It is the purpose of this part to encourage new economic activity
in this depressed area by means of reduced taxes and the removal of unnecessary governmental
barriers to the production and earning of wages and profits and the creation of economic growth.
(Act 83-676, p. 1065, §1.)...
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11-65-1
Section 11-65-1 Legislative declarations and findings. The Legislature hereby finds and declares
as follows: (1) As the basis for enacting Act No. 84-131, the Legislature found and determined
that the conduct within Class 1 municipalities in the state of horse racing events and pari-mutuel
wagering thereon will generate additional revenues for governmental and charitable purposes,
provide additional jobs for the residents of the state and benefit the businesses related
to tourism and recreation within any such municipality and throughout the surrounding areas
of the state; it is desirable to permit the qualified voters of any Class 1 municipality to
determine through referendum whether horse racing and pari-mutuel wagering thereon will be
permitted in such municipality; and for each Class 1 municipality in which horse racing is
approved by the voters thereof, it is necessary and desirable to provide for the establishment
of a racing commission to regulate horse racing and pari-mutuel...
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41-29-3
Section 41-29-3 Project notification; applications. (a)(1) The Secretary of Commerce shall
be notified in writing about the general parameters of a project if an entity is considering
locating or expanding a facility at a site within this state and intends to claim any of the
incentives provided by the State of Alabama that are described in subdivision (2) (the "required
notification"). The required notification should be made as soon as the project's parameters
are generally known or when a site or sites have been identified by a project entity or a
visit is made to the State of Alabama by the project entity or its representative. The initial
required notification may be made on an anonymous basis (i.e., "Project Alpha")
in order to protect the confidentiality of a proposed project. Upon timely notifying the secretary
within the time frame specified in this subdivision, the secretary shall transmit a letter
to the project entity or its representative acknowledging receipt of the...
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40-18-372
Section 40-18-372 Qualifying projects - Activities and standards. A qualifying project must
be found by the Secretary of Commerce to conduct an activity specified in subdivision (1)
and to meet the minimum standard set forth in subdivision (2). (1) A qualifying project must
predominantly conduct an activity that is any one or more of the following: a. Described by
NAICS Code 1133, 115111, 2121, 22111, 221330, 31 (other than 311811), 32, 33, 423, 424, 482,
4862, 48691, 48699, 48819, 4882, 4883 (other than 48833), 493, 511, 5121 (other than 51213),
51221, 517, 518 (without regard to the premise that data processing and related services be
performed in conjunction with a third party), 51913, 52232, 54133 (if predominantly in furtherance
of another activity described in this article), 54134 (if predominantly in furtherance of
another activity described in this article), 54138, 5415, 541614, 5417, 55 (if not for the
production of electricity), 561422 (other than establishments that...
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40-18-376.1
Section 40-18-376.1 Projects in targeted or jumpstart counties. (a) As used in this section,
the following terms shall have the following meaning: (1) JUMP START COUNTY. Any Alabama county
which meets all the following: a. That does not qualify as a targeted county. b. That has
experienced negative population growth over the last five years as determined by the Commissioner
of Labor as of each January 1 using the most current data available from the United States
Departments of Labor or Commerce, the United States Bureau of the Census, or any other federal
or state agency or department. c. Contains no more than two opportunity zones as they existed
on June 1, 2019. (2) TARGETED COUNTY. Any Alabama county that has a population of 50,000 or
less, as determined by the Commissioner of Labor as of each January 1 using the most current
data available from the United States Departments of Labor or Commerce, the United States
Bureau of the Census, or any other federal or state agency or...
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40-9B-3
Section 40-9B-3 Definitions. (a) For purposes of this chapter, the following words and phrases
mean: (1) ABATE, ABATEMENT. A reduction or elimination of a taxpayer's liability for tax or
payments required to be made in lieu thereof. An abatement of transaction taxes imposed under
Chapter 23 of this title, or payments required to be made in lieu thereof, shall relieve the
seller from the obligation to collect and pay over the transaction tax as if the sale were
to a person exempt, to the extent of the abatement, from the transaction tax. (2) ALTERNATIVE
ENERGY RESOURCES. The definition given in Section 40-18-1. (3) CONSTRUCTION RELATED TRANSACTION
TAXES. The transaction taxes imposed by Chapter 23 of this title, or payments required to
be made in lieu thereof, on tangible personal property and taxable services incorporated into
an industrial development property, the cost of which may be added to capital account with
respect to the property, determined without regard to any rule which...
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