Bill Title: Relating to the Coal Production Tax Credit; to amend Section 40-18-220, Code of Alabama 1975, to allow the credit to be claimed against both income and utility services taxes; to allow the credits to be earned by all persons that increase their production of coal mined in Alabama from the prior year; to allow any unused credits to be carried forward for no more than five years;

Sponsorship: Partisan Bill (Republican 1)

Status: (Passed) 2023-06-07 - Enacted [SB299 Detail]

Text: Latest bill text (Enrolled) [PDF]

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