Anti-Piracy Rules - Alabama
Keywords
In 1987, the state of Alabama enacted a law denying enterprise zone
benefits to companies relocating from other parts of the state.
Enterprise zones are designed to encourage economic development and job
creation in distressed areas by providing tax breaks and other
assistance to companies that locate facilities within the zone. Under
the 1987 law, companies are not eligible for these benefits if
expanding in the enterprise zone causes job losses or plant closings
elsewhere in the state.
Alabama Statutes Title 41, Article 2
Alabama Enterprise Zone Act
Section 41-23-26 Additional requirements for business, etc., to receive benefits.
Additional requirements for a business, partnership, corporation or individual to receive benefits shall include:
(1) The business must expand its labor force or make new capital investments or prevent a loss of employment to an existing business.
(2) A business may not have closed or reduced employment elsewhere in Alabama in order to expand into the zone.
(Acts 1987, No. 87-573, p. 897, §7.)
More Information:
- Alabama Development Office Home Page
- Full Text of Alabama Code Title 41- Chapter 23 - Department of Economic and Community Affairs
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