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

Posted: Updated:
  • Local NewsMore>>

  • Breaking

    Body found near River Bridge in Guntersville

    Body found near River Bridge in Guntersville

    Saturday, August 23 2014 10:12 AM EDT2014-08-23 14:12:13 GMT
    A body was found in Guntersville Saturday morning. (Source: WAFF)A body was found in Guntersville Saturday morning. (Source: WAFF)
    Fishermen located a body that was floating near the North River Bridge in Guntersville on Saturday around 7:00 a.m.More >>
    Fishermen located a body that was floating near the North River Bridge in Guntersville on Saturday around 7:00 a.m.More >>
  • Two men beat and rob a Huntsville man, police say

    Two men beat and rob a Huntsville man, police say

    Saturday, August 23 2014 7:36 AM EDT2014-08-23 11:36:29 GMT
    A Huntsville man was beat and robbed Friday. (Source: MGNOnline)A Huntsville man was beat and robbed Friday. (Source: MGNOnline)
    Huntsville Police Department say two men beat down and robbed a man Friday night at approximately 9:45 p.m.More >>
    Huntsville Police Department say two men beat down and robbed a man Friday night at approximately 9:45 p.m.More >>
  • Franklin County woman dies in fatal car crash

    Franklin County woman dies in fatal car crash

    Saturday, August 23 2014 7:25 AM EDT2014-08-23 11:25:28 GMT
    A Franklin County woman died in a one vehicle crash Friday. (Source: MGNOnline)A Franklin County woman died in a one vehicle crash Friday. (Source: MGNOnline)
    State Police investigators say that an elderly woman was killed in a one vehicle car crash Friday just before noon.More >>
    State Police investigators say that an elderly woman was killed in a one vehicle car crash Friday just before noon.More >>

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.

Powered by WorldNow

1414 North Memorial Parkway
Huntsville, AL 35801
256-533-4848

WAFF Is a Proud Member
of the Raycom Family of Stations


FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WAFF. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.