Requirements for Receipt of Incentives.
Ala. Code § 40-18-371
in effect40-18-371. Requirements for Receipt of Incentives.
For a company to receive one or both of the jobs act incentives provided in this article, all of the following shall occur:
(1) There must be a qualifying project predominantly conducting an activity specified in Section 40-18-372(1);
(2) The qualifying project shall create at least the number of new jobs specified in Section 40-18-372(2);
(3) The company proposing the qualifying project must be an approved company, as provided in Section 40-18-373;
(4) The approved company and the Governor must enter into a project agreement, as provided in Section 40-18-374;
(5) If the incentivized company is allowed a jobs credit, the proof of wages actually paid shall have been delivered and certified, as provided in Section 40-18-375; and
(6) If the incentivized company is allowed an investment credit, the proof of capital actually invested shall have been delivered and certified, as provided in Section 40-18-376.
(Act 2015-27, p. 103, §3; Act 2017-442, §2(b)(8), 2(b)(9).)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#40-18-371Fetched: 10/20/2026