AL HB170 | 2021 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on February 11 2021 - 100% progression
Action: 2021-02-11 - Delivered to Governor at 11:42 a.m. on February 11, 2021.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on February 11 2021 - 100% progression
Action: 2021-02-11 - Delivered to Governor at 11:42 a.m. on February 11, 2021.
Text: Latest bill text (Enrolled) [PDF]
Summary
Income tax, exclusion for federal tax credits, advance refunds, qualified disaster relief payments, subsidies, grants, student loans, or loan forgiveness from federal CARES Act and subsequent federal COVID relief legislation, exemption from income and financial institution excise tax for amounts from the Coronavirus Relief Fund, to decouple from 26 U.S.C, 951A and 118 (b)(2), to change business interest expense limitation, and to allow Electing Pass-Through Entity to be taxed at entity level, Sec. 40-27-1 am'd.
Title
Income tax, exclusion for federal tax credits, advance refunds, qualified disaster relief payments, subsidies, grants, student loans, or loan forgiveness from federal CARES Act and subsequent federal COVID relief legislation, exemption from income and financial institution excise tax for amounts from the Coronavirus Relief Fund, to decouple from 26 U.S.C, 951A and 118 (b)(2), to change business interest expense limitation, and to allow Electing Pass-Through Entity to be taxed at entity level, Sec. 40-27-1 am'd.
Sponsors
Roll Calls
2021-02-10 - Senate - Motion to Read a Third Time and Pass Roll Call 132 (Y: 27 N: 0 NV: 0 Abs: 8) [PASS]
2021-02-10 - Senate - SBIR: Roberts motion to Adopt Roll Call 131 (Y: 27 N: 0 NV: 0 Abs: 8) [PASS]
2021-02-04 - House - Motion to Read a Third Time and Pass Roll Call 4 (Y: 94 N: 0 NV: 0 Abs: 10) [PASS]
2021-02-04 - House - Motion to Adopt Roll Call 3 (Y: 96 N: 0 NV: 0 Abs: 8) [PASS]
2021-02-04 - House - HBIR: Garrett motion to Adopt Roll Call 2 (Y: 106 N: 0 NV: 0 Abs: 102) [PASS]
2021-02-10 - Senate - SBIR: Roberts motion to Adopt Roll Call 131 (Y: 27 N: 0 NV: 0 Abs: 8) [PASS]
2021-02-04 - House - Motion to Read a Third Time and Pass Roll Call 4 (Y: 94 N: 0 NV: 0 Abs: 10) [PASS]
2021-02-04 - House - Motion to Adopt Roll Call 3 (Y: 96 N: 0 NV: 0 Abs: 8) [PASS]
2021-02-04 - House - HBIR: Garrett motion to Adopt Roll Call 2 (Y: 106 N: 0 NV: 0 Abs: 102) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-11 | House | Delivered to Governor at 11:42 a.m. on February 11, 2021. |
| 2021-02-11 | House | Assigned Act No. 2021-1. |
| 2021-02-11 | House | Clerk of the House Certification |
| 2021-02-11 | House | Enrolled |
| 2021-02-11 | Senate | Signature Requested |
| 2021-02-11 | House | Passed Second House |
| 2021-02-10 | Senate | Motion to Read a Third Time and Pass adopted Roll Call 132 |
| 2021-02-10 | Senate | Third Reading Passed |
| 2021-02-09 | Senate | Read for the second time and placed on the calendar |
| 2021-02-04 | Senate | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
| 2021-02-04 | House | Engrossed |
| 2021-02-04 | House | Motion to Read a Third Time and Pass adopted Roll Call 4 |
| 2021-02-04 | House | Motion to Adopt adopted Roll Call 3 |
| 2021-02-04 | House | Ways and Means Education Amendment Offered |
| 2021-02-04 | House | Third Reading Passed |
| 2021-02-03 | House | Read for the second time and placed on the calendar 1 amendment |
| 2021-02-02 | House | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Same As/Similar To
SB98 (Same As) 2021-05-04 - Indefinitely Postponed
