Alabama Jobs Act

Sections covered

• Ala. Code § 40-18-370Short Title; Legislative Findings; Definitions.
• Ala. Code § 40-18-370.1Legislative Findings as to Enhancement of Alabama Jobs Act.
• Ala. Code § 40-18-371Requirements for Receipt of Incentives.
• Ala. Code § 40-18-372Qualifying Projects - Activities and Standards. (Amended by Act 2026-550)
• Ala. Code § 40-18-373Approved Companies.
• Ala. Code § 40-18-374Claiming of Incentives; Project Agreement; Amounts and Durations of Incentives.
• Ala. Code § 40-18-375Jobs Credit Against Utility Taxes; Realization of Benefits; Rulemaking Authority.
• Ala. Code § 40-18-376Investment Credit; Realization Methods; Rulemaking Authority.
• Ala. Code § 40-18-376.1Projects in Targeted or Jumpstart Counties.
• Ala. Code § 40-18-376.2Additional Jobs Credit for Employment of Veterans.
• Ala. Code § 40-18-376.3Qualifying Projects by Technology Companies.
• Ala. Code § 40-18-376.4Qualifying Projects by Underrepresented Companies.
• Ala. Code § 40-18-377Project Agreements Forwarded to Department of Revenue; Incentives Not Deemed Securities; Disclosure, Use, and Dissemination of Information.
• Ala. Code § 40-18-378Verification of Employment Numbers; Audits; Return of Unearned Credit Amounts; Liability of Incentivized Companies.
• Ala. Code § 40-18-379Joint Legislative Advisory Committee on Economic Incentives.
• Ala. Code § 40-18-379.1Publication of Certain Information Regarding Economic Development Incentives Awarded Under the Alabama Jobs Act.
• Ala. Code § 40-18-380Implementation of Article.
• Ala. Code § 40-18-381Construction of Article.
• Ala. Code § 40-18-382Continuation or Reinstatement of Incentives.
• Ala. Code § 40-18-383Maximum Balance of Outstanding Incentives; Availability of Incentives to Qualifying Projects.
• Ala. Code § 40-18-384Specific Industrial or Research Enterprises; Amounts and Durations of Incentives; Fees for Amendments to Project Agreements.
• Ala. Code § 40-18-385Implementation and Administration of the Alabama Incentives Modernization Act.
• Ala. Code § 40-18-386Reductions of Distribution for Education Trust Fund and General Fund.
• Ala. Code § 40-18-387Applicability of the Enhancing Economic Progress Act to Service Territories for Electric Suppliers.