AL SB395 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 15 2012 - 25% progression, died in committee
Action: 2012-03-15 - Read for the first time and referred to the Senate committee on Finance and Taxation Education
Pending: Senate Finance and Taxation Education Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 15 2012 - 25% progression, died in committee
Action: 2012-03-15 - Read for the first time and referred to the Senate committee on Finance and Taxation Education
Pending: Senate Finance and Taxation Education Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Alabama Trust Fund, unrealized capital gains, oil and gas capital payments received during fiscal year, excluded from the calculation, clarified, realized gains from a public exchange traded equity asset, purchased and sold in same fiscal year, calculation method established, Amendment 666 (Section 219.04, Recompiled Constitution of Alabama of 1901, as amended), am'd., const. amend.
Title
Alabama Trust Fund, unrealized capital gains, oil and gas capital payments received during fiscal year, excluded from the calculation, clarified, realized gains from a public exchange traded equity asset, purchased and sold in same fiscal year, calculation method established, Amendment 666 (Section 219.04, Recompiled Constitution of Alabama of 1901, as amended), am'd., const. amend.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2012-03-15 | Read for the first time and referred to the Senate committee on Finance and Taxation Education |