Allows sites owned by multiple local economic development organizations to qualify for Growing Alabama tax credits.
This bill amends the Growing Alabama Act to allow sites owned by one or more local economic development organizations to qualify for tax credits. Previously, only sites owned by a single local economic development organization could qualify. The bill also requires joint applications from all co-owners and makes technical revisions to update existing code language.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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