To establish the Angel Investor Tax Credit Act

Summary

The Angel Investor Tax Credit Act lets qualified investors claim a credit equal to 25% of the cash they invest in eligible early‑stage Alabama businesses. The credit is capped at $250,000 per investor each year and any unused portion can be carried forward for up to five years. The goal is to encourage more private capital for high‑growth companies, boosting jobs and economic growth.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share