Bill Amendment: AL SB86 | 2023 | Regular Session
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: Relating to income taxes; to provide a one-time refundable income tax credit to qualified taxpayers to partially offset the amount of sales taxes paid on groceries throughout the tax year; to create the Refundable Tax Credit Fund in the State Treasury; to provide that refundable credits would not be taxable for Alabama income tax purposes; and to provide an effective date.
Status: 2023-05-26 - Enacted [SB86 Detail]
Download: Alabama-2023-SB86-House_Ways_and_Means_Education_AMD-SUB.pdf
Bill Title: Relating to income taxes; to provide a one-time refundable income tax credit to qualified taxpayers to partially offset the amount of sales taxes paid on groceries throughout the tax year; to create the Refundable Tax Credit Fund in the State Treasury; to provide that refundable credits would not be taxable for Alabama income tax purposes; and to provide an effective date.
Status: 2023-05-26 - Enacted [SB86 Detail]
Download: Alabama-2023-SB86-House_Ways_and_Means_Education_AMD-SUB.pdf
