Bill > HB28

This bill establishes an income tax credit for restaurants and other eligible individuals or entities in Alabama that donate oyster shell material to approved oyster shell recycling programs, recognizing oyster shells as a beneficial natural resource for water quality, aquatic habitats, and coastal protection. The credit is calculated as $1 for every 50 pounds of oyster shells donated, up to a maximum of $2,000 per taxpayer per year, with a statewide cap of $100,000 in total credits granted annually on a first-come, first-served basis. The Alabama Department of Revenue will administer the program, requiring a standardized certificate to verify donations and will issue refunds for any excess credit amount that exceeds a taxpayer's liability, though the credit itself cannot be transferred or sold. This tax credit will be available for tax years beginning in 2027 and ending in 2031, with the act becoming effective on June 1, 2026.

Budget and Finance

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