Ala. Code § 41-23-26

Current with legislation from 2024 effective through May 17, 2024.

Section 41-23-26 - [Repealed Effective 12/31/2028] Additional requirements for business, etc., to receive benefits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.

Ala. Code § 41-23-26 (1975)

Repealed by Act 2023-546,§ 10, eff. 12/31/2028.

Acts 1987, No. 87-573, p. 897, §7.