Alabama HB28 establishes an income tax credit for restaurants that recycle oyster shells.

Alabama HB28 creates a state income tax credit for restaurants that donate oyster shell material to approved recycling programs. The credit equals one dollar for every pounds of oyster shell material donated, up to a maximum of two thousand dollars per restaurant per tax year. The total credits granted cannot exceed one hundred thousand dollars annually. The credit can be claimed by corporations, individuals, and other entities on their income tax returns. The Alabama Department of Revenue will implement the provisions, collaborating with the Department of Conservation and Natural Resources.

Alabama HB28 establishes an income tax credit for restaurants that recycle oyster shells.

Alabama HB28 creates a state income tax credit for restaurants that donate oyster shell material to approved recycling programs. The credit equals one dollar for every pounds of oyster shell material donated, up to a maximum of two thousand dollars per restaurant per tax year. The total credits granted cannot exceed one hundred thousand dollars annually. The credit can be claimed by corporations, individuals, and other entities on their income tax returns. The Alabama Department of Revenue will implement the provisions, collaborating with the Department of Conservation and Natural Resources.