Alabama Code (Last Updated: November 28, 2014) |
Title41 STATE GOVERNMENT. |
Chapter23. DEPARTMENT OF ECONOMIC AND COMMUNITY AFFAIRS. |
Article2. Alabama Enterprise Zone Act. |
§41-23-26. Additional requirements for business, etc., to receive benefits.
Latest version.
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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.