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]
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.
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
Sen. Arthur Orr [R] |
History
Date | Chamber | Action |
---|---|---|
2023-05-31 | Senate | Indefinitely Postpone |
2023-03-22 | Senate | Read Second Time in House of Origin |
2023-03-22 | Senate | Reported Out of Committee in House of Origin |
2023-03-22 | Senate | Reported Favorably from Senate Finance and Taxation Education |
2023-03-21 | Senate | Amendment/Substitute by Senate Finance and Taxation Education U8YLXD-1 |
2023-03-07 | Senate | Introduced and Referred to Senate Finance and Taxation Education |
2023-03-07 | Senate | Read First Time in House of Origin |