IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 17 May 2017 | Removal date: open ended
Still in force

Tax or social insurance relief

The Alabama Jobs Act originally entered into effect on July 3, 2015, providing incentives to certain businesses. On May 17, 2017 the governor of Alabama signed into law a new bill (HB574) that exempts megaprojects from the $850 million cap on incentives. It defines a megaproject to be “Any qualifying project which creates at least 500 employee positions, at least eighty percent of which shall be full time, or which makes a capital investment of $100 million or greater, at a single site.”

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

811 Research & development in natural sciences & engineering
813 Interdisciplinary research & development
841 Telephony & other telecommunications services
842 Internet telecommunications services
843 On-line content

Please report this page in case you detect an inaccuracy in its content.