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AL HB28

Bill

Official Source

Status

Engrossed

1/20/2026

Primary Sponsor

Chip Brown

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Establishes a state income tax credit of $1 per 50 pounds of oyster shell material donated to approved recycling programs, capped at $2,000 per taxpayer per year
  • Limits total credits statewide to $100,000 per calendar year, distributed on a first-come, first-served basis
  • Eligible claimants include restaurants, corporations, individuals, and holders of valid oyster-related licenses/permits under Alabama code
  • Excess credits beyond tax liability will be refunded as overpayments; credits cannot be transferred or sold to other taxpayers
  • Tax credit available for tax years 2027 through 2031, with the act becoming effective June 1, 2026

Legislative Description

Taxation; to establish an income tax credit for oyster shell recycling

Taxation & Revenue

Last Action

Pending Senate Finance and Taxation Education

1/20/2026

Committee Referrals

Finance and Taxation Education1/20/2026
Ways and Means Education1/13/2026

Full Bill Text

No bill text available