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How NAHB Members Can Benefit From Biden’s New Infrastructure Measure

Pro Builder

For the past three years, the NAHB has been fighting to restore an exemption for water and sewer contributions in aid of construction (CIAC). . The new law ends a tax liability for builders installing new water or sewer infrastructure to support additional housing in areas served by a corporate, for-profit water utility.

NAHB 52
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State by State Incentives Guide

Buisness Facilities Contributed Content

Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities.

Income 75