Alabama: 2012 Session Is Very Productive for Incentives Legislation

Chris Grissom and Jimmy Long were published in the Journal of Multistate Taxation and Incentives, Volume 22, Number 5, August 2012, Department: INCENTIVES.

The article summarizes the incentives-related legislation enacted by the Alabama Legislature during the 2012 Regular Session, which was certainly focused on proposals to create jobs and spur investment in Alabama's economy. The House and Senate leadership successfully passed many of the proposals that were supported by Governor Bentley, many of which expand the scope and improve the operation of Alabama's existing statutory incentives. The cornerstone of the governor's incentive package, however—H.B. 160, introduced 2/7/12, the Alabama Job Creation and Retention Act of 2012—encountered opposition in the Senate and failed to pass this session.

Some of the authors' colleagues were involved with several of the legislative efforts discussed herein.
Copyright © 2012. Christopher R. Grissom/James E. Long, Jr./Bradley Arant Boult Cummings LLP. All rights reserved. This article appears in and is reproduced with the permission of the Journal of Multistate Taxation and Incentives, Vol. 22, No. 5, August 2012. Published by Warren, Gorham & Lamont, an imprint of Thomson Reuters.