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Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-18-345

(Repealed by Act 2023-546, § 8, Effective December 31, 2028, Unless Extended by Act of Legislature) Repeal of Incentives

Official textalison.legislature.state.al.us

# (a)

The Irrigation Equipment Tax Credit, Article 14, commencing with Section 40-18-340, Chapter 18, of Title 40, is repealed effective December 31, 2028, unless extended by an act of the Legislature prior to that date for no more than five additional years.

# (b)

The repealing of the incentives in subsection (a) shall only affect the availability of the tax credits after December 31, 2028, and shall not cause a reduction or suspension of any credits awarded on or prior to December 31, 2028.

Last amended: Act 2023-546, §§ 8, 11.

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In this chapter (40 sections)
  1. 40-18-291 · Definitions
  2. 40-18-292 · Legislative Findings
  3. 40-18-293 · Alabama Income and Financial Institution Excise Tax Credit
  4. 40-18-294 · (Repealed by Act 2023-546, § 6, Effective December 31,…
  5. 40-18-310 · Definitions. (Amended by Act 2026-100)
  6. 40-18-311 · Income Tax Deduction; Contributions to Catastrophe Savings…
  7. 40-18-312 · Distributions from Catastrophe Savings Account; Additional…
  8. 40-18-313 · Promulgation of Rules
  9. 40-18-320 · Short Title
  10. 40-18-320.1 · Definitions
  11. 40-18-321 · Availability of Tax Credit
  12. 40-18-322 · Eligibility for Tax Credit
  13. 40-18-323 · Expenses Associated with a Start-Up Business
  14. 40-18-324 · Duties and Procedures
  15. 40-18-325 · (Repealed by Act 2023-546, § 7, Effective December 31,…
  16. 40-18-340 · Definitions
  17. 40-18-341 · Expense of Qualified Irrigation Equipment
  18. 40-18-342 · Tax Credit for Equipment and Conversion Costs
  19. 40-18-343 · Applicability of Environmental and Water Laws and…
  20. 40-18-344 · Rules and Regulations
  21. 40-18-345 · (Repealed by Act 2023-546, § 8, Effective December 31,…
  22. 40-18-360 · Definitions
  23. 40-18-361 · Tax Credit for Certain Adoptions
  24. 40-18-362 · Postsecondary Education Assistance
  25. 40-18-363 · Rulemaking Authority
  26. 40-18-370 · Short Title; Legislative Findings; Definitions
  27. 40-18-370.1 · Legislative Findings as to Enhancement of Alabama Jobs Act
  28. 40-18-371 · Requirements for Receipt of Incentives
  29. 40-18-372 · Qualifying Projects - Activities and Standards. (Amended by…
  30. 40-18-373 · Approved Companies
  31. 40-18-374 · Claiming of Incentives; Project Agreement; Amounts and…
  32. 40-18-375 · Jobs Credit Against Utility Taxes; Realization of Benefits;…
  33. 40-18-376 · Investment Credit; Realization Methods; Rulemaking Authority
  34. 40-18-376.1 · Projects in Targeted or Jumpstart Counties
  35. 40-18-376.2 · Additional Jobs Credit for Employment of Veterans
  36. 40-18-376.3 · Qualifying Projects by Technology Companies
  37. 40-18-376.4 · Qualifying Projects by Underrepresented Companies
  38. 40-18-377 · Project Agreements Forwarded to Department of Revenue;…
  39. 40-18-378 · Verification of Employment Numbers; Audits; Return of…
  40. 40-18-379 · Joint Legislative Advisory Committee on Economic Incentives
Full table of contents →