![]() |
Brought to you by Artificial Limb & Brace
Tuesday, February 14, 2012
A proposal to help returning Iraq and Afghanistan war veterans find work has passed the Alabama House of Representatives on Tuesday, as lawmakers continue to work on a series of job growth legislation. The House also passed the Alabama Job Creation and Retention Act, which allows the Governor and economic developers to use incentives similar to ones used on the Mercedes project to lure industry to the state.
The "Heroes for Hire" Tax Credit Act passed by a vote of 84 yeas and no nays. This proposal would offer Alabama businesses a $2,000 tax credit for hiring a veteran recently returned from war. The Alabama Job Creation and Retention Act passed by a vote of 69 yeas and 19 nays. The bill sets strict parameters for how incentives can be used to ensure return on investment. It requires legislative passage and referendum approval of a constitutional amendment allowing voters to give the Governor and the Alabama Development Office more flexibility in offering tax incentives to land major economic development projects and retain companies that might otherwise relocate outside Alabama.
Dental Health is Important for Children's 'Baby Teeth'
Lamb Chops and Red Wine: A Perfect Easter Pairing
Alabama Department of Public Health issues 2016 Fish Consumption
Aquarium animals and plants should never be released in the wild
Keywords: Iraq, war, veterans, Alabama,
Visit Local News
There currently are no approved comments for this blog article. To join the discussion click here.