Alabama § 40-18-371 - Requirements for Receipt of Incentives.
Full text of Alabama Code of Alabama § 40-18-371 — Requirements for Receipt of Incentives., with citation guidance and answers to common questions.
§ 40-18-371. Requirements for Receipt of Incentives.
For a company to receive one or both of the jobs act incentives provided in this article, all of the following shall occur:
(1) There must be a qualifying project predominantly conducting an activity specified in Section 40-18-372(1);
(2) The qualifying project shall create at least the number of new jobs specified in Section 40-18-372(2);
(3) The company proposing the qualifying project must be an approved company, as provided in Section 40-18-373;
(4) The approved company and the Governor must enter into a project agreement, as provided in Section 40-18-374;
(5) If the incentivized company is allowed a jobs credit, the proof of wages actually paid shall have been delivered and certified, as provided in Section 40-18-375; and
(6) If the incentivized company is allowed an investment credit, the proof of capital actually invested shall have been delivered and certified, as provided in Section 40-18-376.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 40-18-371
What does Code of Alabama § 40-18-371 cover?
Section 40-18-371 ("Requirements for Receipt of Incentives.") 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 § 40-18-371?
A common citation format is "Code of Alabama § 40-18-371" (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 § 40-18-371 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.