Additional Requirements for Business, Etc., to Receive Benefits

Ala. Code § 41-23-26 — under Title 41.

Ala. Code § 41-23-26

REPEALED BY ACT 2023-546, EFFECTIVE DECEMBER 1, 2028 UNLESS EXTENDED BY AN ACT OF THE LEGISLATURE. 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.

History: (Acts 1987, No. 87-573, p. 897, §7.)