Bill > HB346

This bill mandates that any entity found guilty of or liable for violating human trafficking laws, specifically Sections 13A-6-152 and 13A-6-153 of the Alabama Code, or federal child labor provisions under the Fair Labor Standards Act of 1938 (29 U.S.C. § 212), must reimburse the state and local governments for the full cost of any economic development incentives, such as tax abatements, grants, or tax refunds, they previously received. Additionally, the bill amends existing Alabama law to require that companies seeking to be designated as "approved companies" for tax incentives must certify that they, their subsidiaries, or their suppliers do not engage in such human trafficking or child labor violations. It also adds provisions to project agreements for these incentives, allowing for the recapture of awarded tax incentives if the approved company, its subsidiaries, or suppliers are found to have violated these labor and trafficking laws. This act is set to become effective on June 1, 2026.

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