AL HB596

Limits the income tax credit for qualifying rural physicians to a maximum of five total tax years, beginning with the January 1, 2016 tax year.

Defines a rural physician as one licensed to practice medicine in Alabama who practices and resides in a small or rural county with fewer than 25,000 residents and has admission privileges at a qualifying hospital.

Provides a $5,000 annual tax credit against state income tax for eligible rural physicians who meet residency and practice location requirements.

Excludes physicians already practicing in rural communities as of May 4, 1993, and those who previously practiced rurally must have spent at least three years in a large or urban community before becoming eligible.

Becomes effective on the first day of the third month following passage and approval by the Governor.