Governor Bentley signs tax credits for hiring vets bill - WAFF-TV: News, Weather and Sports for Huntsville, AL

Governor Bentley signs tax credits for hiring vets bill

MONTGOMERY, Ala. (AP) - Alabama's governor has signed into law a bill offering new tax credits to companies that hire unemployed veterans.

Gov. Robert Bentley signed the bill Wednesday morning providing a tax credit of $1,000 for a business that hires an unemployed veteran who was deployed overseas and is now within two years of discharge.

The law also offers a credit of up to $2,000 to help and unemployed veteran cover the costs of starting a small business.

Legislative fiscal experts predict the law could reduce the state's income tax collections by more than $1 million annually.

Republican Rep. DuWayne Bridges, who sponsored the bill in the state House of Representatives, said in a release that thousands of Alabama veterans are returning to a difficult economy from wars that are winding down.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • NewsMore>>

  • Crews continue to battle Dollar General blaze

    Crews continue to battle Dollar General blaze

    Sunday, April 23 2017 9:08 PM EDT2017-04-24 01:08:23 GMT

    We’re learning more about the fire crews continue to battle at the Dollar General on Madison Pike.

    The first call about the blaze came in at 5:45 p.m. Sunday.

    More >>

    We’re learning more about the fire crews continue to battle at the Dollar General on Madison Pike.

    The first call about the blaze came in at 5:45 p.m. Sunday.

    More >>
  • Saturday tornado touchdowns confirmed in Cullman, Franklin Counties

    Saturday tornado touchdowns confirmed in Cullman, Franklin Counties

    Sunday, April 23 2017 8:10 PM EDT2017-04-24 00:10:44 GMT

    During the severe weather event on Saturday, radar indicated there was possible (but unconfirmed)  tornadic activity in Cullman County.  On Sunday the National Weather Service and Cullman County EMA survey team found evidence of an EF-1 tornado near Jones Chapel and straight-line wind damage near Battleground.  It was determined that a 200-yard swath of damage adjacent to widespread straight-line wind damage was attributed to an EF-1 tornado. Max winds were estim...

    More >>

    During the severe weather event on Saturday, radar indicated there was possible (but unconfirmed)  tornadic activity in Cullman County.  On Sunday the National Weather Service and Cullman County EMA survey team found evidence of an EF-1 tornado near Jones Chapel and straight-line wind damage near Battleground.  It was determined that a 200-yard swath of damage adjacent to widespread straight-line wind damage was attributed to an EF-1 tornado. Max winds were estim...

    More >>
  • Emergency crews on the scene of Merdianville accident

    Emergency crews on the scene of Merdianville accident

    Sunday, April 23 2017 6:48 PM EDT2017-04-23 22:48:23 GMT

    Emergency crews are on the scene of a serious car accident in Merdianville.

    More >>

    Emergency crews are on the scene of a serious car accident in Merdianville.

    More >>
Powered by Frankly