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Alabama Heroes for Hire Act Signed by Governor

Thursday, April 5th, 2012

Alabama Governor Robert Bentley signed the state’s Heroes for Hire Act yesterday.   Read the press release from the Governor’s website, copied below.

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MONTGOMERY – Governor Robert Bentley on Wednesday signed into law the Heroes for Hire Act, which will help veterans returning from deployment find new jobs or start new businesses.

“When our service men and women were called to defend our freedoms, they didn’t ask questions. They simply answered the call to serve,” Governor Bentley said. “We must not forget the sacrifices veterans have made, and we encourage employers to remember our veterans as they fill open positions.”

The Act provides an additional $1,000 tax credit for job creation to employers who hire recently deployed, and now discharged, unemployed veterans. The Act also creates a $2,000 income tax credit to recently deployed, and now discharged, unemployed veterans who start their own businesses.

“Veterans have a unique set of skills and valuable experience that will benefit the companies that hire them,” Governor Bentley said. “Many veterans also have ideas that can help them launch a new business, and we want to give them every opportunity to succeed as they return home from service.”

The bill was sponsored by State Representative DuWayne Bridges and State Senator Tom Whatley.

“With wars winding down in Iraq and Afghanistan, thousands of Alabama veterans are returning home to a difficult economy in which it is hard to find a job,” Rep. Bridges said. “We need to give returning veterans every advantage we can toward finding employment. Our ‘Heroes for Hire’ bill does that by giving businesses a significant incentive for hiring a veteran who recently returned from war. Those who served on the front lines deserve to go to the front of the line for new jobs.”

“We need to do right by our heroes. These men and women put their lives on the line for our country,” Senator Whatley said. “This new law not only reaffirms our commitment to supporting our veterans, but also will contribute to Alabama’s decreasing unemployment rate.”

The Adjutant General of the Alabama National Guard added that the Heroes for Hire bill will benefit the livelihoods of veterans seeking new opportunities upon their return to Alabama.

“It is great to see the Governor and the Alabama Legislature promoting our veterans’ employment,” Major General Perry Smith said. “The Alabama National Guard has a higher unemployment rate than the state average, so this bill will be a great morale booster. More than that, it could be a life-changer for many Soldiers and Airmen.”

The Alabama Career Center System is a valuable resource for veterans searching for a new job. The system has career centers across the state, and connecting veterans with employment is among the system’s primary services. The Alabama Career Center System is managed under the authority of the Alabama Department of Industrial Relations and has additional information online at www.joblink.alabama.gov.

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Alabama Bill Moving Forward – Tax Credit for Hiring Recently Released Veterans

Saturday, February 18th, 2012

The following press release was issued on Tuesday by the Alabama Republican Party.

MONTGOMERY – A proposal to help returning Iraq and Afghanistan war veterans find work passed the Alabama House of Representatives on Tuesday, as lawmakers continued their commitment to making job growth legislation the top priority in the 2012 Regular Session. The House also passed enabling legislation for the Alabama Job Creation and Retention Act, which allows the Governor and economic developers to use incentives similar to ones used on the Mercedes project to lure industry to the state.

“We have a laser focus on passing legislation that helps more Alabamians find jobs,” Speaker Hubbard said. “I’m particularly pleased that we have made sure to take care of our veterans with the ‘Heroes for Hire’ bill. Those who served on the front lines deserve to go to the front of the line for new jobs.”

Rep. DuWayne Bridges (R-Valley), who chairs the House Veterans and Military Affairs Committee, said the “Heroes for Hire” bill shows Alabama is committed to caring for its veterans.

“Our men and women in uniform have dedicated years of service to this country and made great sacrifices that too often get taken for granted,” Rep. Bridges said. “In this tough economy we need to give returning veterans every advantage we can toward landing a job. Our ‘Heroes for Hire’ bill offers that by giving businesses a $2,000 tax credit for hiring a veteran recently returned from war.”

More information on the bills:

The “Heroes for Hire” Tax Credit Act, House Bill 152, sponsored by Rep. DuWayne Bridges (R-Valley), passed by a vote of 84 yays and no nays. With wars winding down in Iraq and Afghanistan, thousands of Alabama veterans will soon return home to a difficult economy in which it is hard to find a job.  This proposal would offer Alabama businesses a $2,000 tax credit for hiring a veteran recently returned from war.

The Alabama Job Creation and Retention Act, House Bill 160, sponsored by Rep. Barry Mask (R-Wetumpka), passed by a vote of 69 yays and 19 nays.  Alabama’s success in landing world-class companies like Mercedes, Honda, Hyundai and ThyssenKrupp proves how effective tax incentives can be for bringing jobs to this state.

This enabling bill (HB160) sets strict parameters for how incentives can be used to ensure return on investment. It requires legislative passage and referendum approval of a constitutional amendment allowing voters to give the Governor and the Alabama Development Office more flexibility in offering tax incentives to land major economic development projects and retain companies that might otherwise relocate outside Alabama without having to call a special session of the Legislature.

House Bill 159, the constitutional amendment, was carried over by the House to be considered at a later time.

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Alabama Legislature Passes Full Employment Act of 2011 – New Jobs Credit for Businesses

Friday, June 3rd, 2011

Following is a recent  press release from the office of Alabama Governor Robert Bentley.

June 2, 2011

Governor Bentley Praises Legislature for Passing Full Employment Act of 2011

MONTGOMERY- Governor Robert Bentley today praised the Alabama Legislature for today’s passage of the Full Employment Act of 2011.  The Governor introduced the Act in March as his centerpiece legislation to help small businesses hire employees. The Full Employment Act of 2011, sponsored by State Representative Blaine Galliher and State Senator Arthur Orr will provide a one time tax credit to small businesses who hire additional employees.
 
“By passing this Legislation, Alabama can now help small businesses create jobs by offering a tax incentive that will grow and expand their business”, said Governor Bentley. “I commend members of the House and Senate for their hard work in passing this bill, so people in our state can get back to work. I appreciate the support of both Representative Galliher and Senator Orr to get this important bill introduced and passed in the Alabama Legislature.”
 
Under the Full Employment Act of 2011, businesses with 50 or fewer employees will receive a one time income tax credit equal to $1,000 per new job paying more than $10 per hour.  Once the Governor signs the bill into law, the tax credit will be available for newly hired employees, during the tax year in which the employee has completed 12 months of consecutive employment.  The Full Employment Act of 2011 is an enhanced version of the Reemployment Act of 2010.