Summary
One-time $1,000 credit per new job created by small businesses (≤50 employees as of June 9, 2011) hiring after June 9, 2011. Credit available in the tax year the new employee completes 12 months of consecutive employment.
Benefit
- Percentage
- —
- Flat
- $1,000 per job
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- taxpayer_earned
- Claimant subject
- business
- Refund/transfer election
- none
- Program family
- —
- Effective
- 2011-01-01
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (4)
- max_existing_employeesBusiness must employ 50 or fewer employees as of June 9, 2011
- min_wage_absoluteNew employee's wage must exceed $10 per hour
- is_new_to_stateBusiness must have been in existence as of June 9, 2011; new employee must be hired after June 9, 2011
- min_new_jobsTotal full-time employees on last day of tax year must exceed count on last day of prior tax year
Preference / tiering rules (0)
None.
NAICS industries (0)
Any.
Geo zones (0)
Statewide / none specified.
Tags (2)
- eligible_tax_types: income_tax,financial_institution_excise_tax
- pass_through_eligible: true
Tax bases
- corporate_income_taxprimary
- financial_institution_excise_tax
Source
Sections 40-18-290 through 40-18-293, Code of Ala. 1975
Last verified: 2026-04-12
Available to owners of pass-through entities on a pro rata basis. Also allowed against financial institution excise tax. Cannot be claimed for the same employee as the Alabama Small Business and Agribusiness Jobs Act Credit.