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tax credits

Sewell praises committee passage of tax legislation

Thursday, the House Ways & Means Committee passed a series of bills that are designed to invest in our workforce, families and economy, including several bills supported by U.S. Representative Terri Sewell (D-Selma) that will directly impact Alabamians living in the 7th Congressional District. Sewell praised the legislation. “The Ways & Means Committee passed historic … Continued
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June 24, 2019

Storm shelter tax credit bill advances out of committee

The House Ways and Means Education Committee gave a favorable report to an income tax credit for Alabama homeowners to build storm shelters on Wednesday. House Bill 428, the storm shelter tax credit bill, is sponsored by State Rep. Joe Lovvorn, R-Auburn. Lovvorn is a professional firefighter, who earlier this year responded to the fatal … Continued
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May 20, 2019

Houses passes bill intended to improve use of economic incentives

The Alabama House of Representatives passed the Alabama Incentives Modernization Act on Thursday to improve the way that the state uses economic incentives. More specifically, this bill would add new tools for the attraction and expansion of businesses in rural Alabama as well as in federally designated Opportunity Zones. It also targets attracting technology companies. … Continued
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May 20, 2019

Propane Autogas Answers Workshop allows experts to share clean, green story

As gas prices remain unstable, investing in alternative-fuel vehicles makes great economic sense – especially for managers who must meet budgets to manage large fleets. On July 18, advocates and leaders in the field will gather at the Bessemer campus of Lawson State Community College to share strategies and success stories. The 2018 Propane “Autogas … Continued
July 11, 2018

Committee rejects legislation to sunset all the tax credits, exemptions and deductions

By Brandon Moseley Alabama Political Reporter Wednesday, the Alabama State Senate Fiscal Responsibility and Economic Development Committee voted to reject legislation that would have sunset most of the numerous tax credits, exemptions and deductions that have accumulated in the Alabama tax code over the decades. Senate Bill 187 was sponsored by Senator Bill Hightower, R-Mobile. … Continued
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March 12, 2018

Democrats claim GOP Tax Plan would hurt Alabama workers, communities

By Brandon Moseley Alabama Political Reporter Thursday, the Alabama Democratic Party released a statement critical of the recently released House GOP tax plan that passed the U.S. House of Representatives earlier that day. “House Republicans voted today to increase taxes on middle class families and provide massive giveaways to billionaires and wealthy corporations. While Senate … Continued
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November 20, 2017

Congresswoman Terri Sewell critical of Republican tax plan

By Brandon Moseley Alabama Political Reporter Thursday, November 2, 2017, the Republican leadership of the U.S. House of Representatives introduced their new tax reform plan unveiled The Tax Cuts and Jobs Act, which they claim will fundamentally reform the tax code for the first time since 1986.  U.S. Rep. Terri A. Sewell, D-Selma, said that … Continued
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November 3, 2017