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Relating to the Growing Alabama Credit; to add Section 40-18-417.8 to the Code of Alabama 1975; to provide that the credit from a parent or holding company may be claimed by the subsidiary in certain circumstances; and to provide retroactive effect.

It became law on May 30, 2023.

AL HB 439 · House Bill · 2023rs

Stage
Became law
Started in
House
Sponsor
David Faulkner
Latest action
May 30, 2023

What it does

Relating to Growing Alabama Credit

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    May 30, 2023

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Alabama. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Relating to the Growing Alabama Credit; to add Section 40-18-417.8 to the Code of Alabama 1975; to provide that the credit from a parent or holding company may be claimed by the subsidiary in certain circumstances; and to provide retroactive effect. | 52