Growing Alabama Act amended to allow sites owned by more than one local economic development organization to qualify
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- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill amends the Growing Alabama Act to allow sites owned by multiple local economic development organizations to qualify for state tax credits. Currently, these sites were ineligible. The bill updates existing code language to reflect this change and clarifies the application process for these multi-entity sites. It also includes technical revisions to ensure the code remains current and consistent.
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