AL SB48 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 7 2023 - 25% progression, died in chamber
Action: 2023-05-31 - Indefinitely Postpone
Text: Latest bill text (Introduced) [PDF]

Summary

Relating to individual income taxes; to amend Section 40-18-5, Code of Alabama 1975, to phase-in a reduction in the top tax rate from five percent to four and ninety-five hundredths percent.

Tracking Information

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Title

Relating to individual income taxes; to amend Section 40-18-5, Code of Alabama 1975, to phase-in a reduction in the top tax rate from five percent to four and ninety-five hundredths percent.

Sponsors


History

DateChamberAction
2023-05-31SenateIndefinitely Postpone
2023-03-22SenateRead Second Time in House of Origin
2023-03-22SenateReported Out of Committee in House of Origin
2023-03-22SenateReported Favorably from Senate Finance and Taxation Education
2023-03-21SenateAmendment/Substitute by Senate Finance and Taxation Education U8YLXD-1
2023-03-07SenateIntroduced and Referred to Senate Finance and Taxation Education
2023-03-07SenateRead First Time in House of Origin

Subjects


Alabama State Sources


Bill Comments

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