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Home » US Law » 2022 Code of Alabama » Title 37 - Public Utilities and Public Transportation. » Chapter 11C - Railroad Modernization Act of 2019. » Section 37-11C-5 – Rulemaking Authority; Applications for Reservation of Tax Credits.

Section 37-11C-5

Rulemaking authority; applications for reservation of tax credits.

THIS SECTION WAS AMENDED BY ACT 2022-341 IN THE 2022 REGULAR SESSION, EFFECTIVE JULY 1, 2022. TO SEE THE AMENDED VERSION, SEE THE VERSION LABELED PENDING.

By October 1, 2019, the Department of Commerce shall adopt any and all rules necessary to implement this chapter. Applications for the reservation of tax credits shall be accepted beginning November 1, 2019.

(Act 2019-459, §5.)