Alabama § 40-14B-21 - Biennial Report.
Full text of Alabama Code of Alabama § 40-14B-21 — Biennial Report., with citation guidance and answers to common questions.
§ 40-14B-21. Biennial Report.
(a) The Alabama Development Office shall prepare a biennial report with respect to results of the implementation of this chapter. The report must include all of the following:
(1) The number of certified capital companies holding certified capital.
(2) The amount of certified capital invested in each certified capital company.
(3) The amount of certified capital the certified capital company has invested in qualified technology businesses as of January 1, 2004, and the cumulative total for each subsequent year.
(4) The total amount of tax credits granted under this chapter for each year that credits have been granted.
(5) The performance of each certified capital company with respect to renewal and reporting requirements imposed under this chapter.
(6) With respect to the qualified technology businesses in which capital companies have invested all of the following:
a. The classification of the qualified businesses according to the industrial sector and the size of the business.
b. The total number of jobs created by the investment and the average wages paid for the jobs.
c. The total number of jobs retained as a result of the investment and the average wages paid for the jobs.
(7) The certified capital companies that have been decertified or that have failed to renew the certification and the reason for any decertification.
(b) The Alabama Development Office shall file the report with the Governor, the Lieutenant Governor, and the Speaker of the House of Representatives not later than December 15 of each even-numbered year.
Frequently Asked Questions About Alabama § 40-14B-21
What does Code of Alabama § 40-14B-21 cover?
Section 40-14B-21 ("Biennial Report.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 40-14B-21?
A common citation format is "Code of Alabama § 40-14B-21" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 40-14B-21 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.