SB22 Summary

• Extends state income tax credits to dentists who reside and practice in small rural Alabama communities, effective for tax years 2017-2021.

• Increases the maximum credit period for rural physicians from 5 consecutive tax years to 10 consecutive tax years beginning in tax year 2017.

• Maintains the $5,000 annual tax credit amount for both rural physicians and rural dentists under the revised provisions.

• Defines "rural dentist" and "rural physician" as licensed professionals practicing at least 20 hours per week in communities with fewer than 25,000 residents that have a hospital with an emergency room.

• Provides transition provision allowing physicians receiving credits under the prior program during 2016 to claim up to 10 total years of credits (minus years already received) beginning in 2017.