Montgomery, Ala. – Senate Rules Chairman Senator Jabo Waggoner (R-Vestavia Hills) commended the Alabama Legislature for final passage of a bill he carried in the Senate that will continue to create new jobs in Alabama.
House Bill 494 and Senate Bill 379 re-authorizes the Alabama Data Processing Centers Economic Incentive Enhancement Act to allow municipalities, counties, and public industrial authorities to grant tax abatements to new data processing centers that create a minimum requirement of at least 20 new jobs with an average compensation of no less than $40,000.
“We are keeping in place a crucial tool that will continue to increase growth and jobs in Alabama,” Waggoner said. “By re-authorizing these incentives under the original Data Processing Centers Incentive Act of 2012, meaningful job growth can continue to occur in communities that can attract data processing center projects,” Waggoner said.
Waggoner noted that the $600 million Google data processing center in Jackson County used this incentive in 2015.
Waggoner thanked House Majority Leader Nathaniel Ledbetter (R-Rainsville) for handling this important jobs bill in the House of Representatives.
HB494 now goes to Governor Kay Ivey for her signature.
Senator Jabo Waggoner is a Republican representing portions of Jefferson County in the Alabama State Senate. He is the chairman of the Senate Rules Committee, which sets the agenda of bills to be considered. Senator Waggoner and his wife reside in Vestavia Hills.