Bill Title: Relating to income taxes; to amend Section 40-18-19, Code of Alabama 1975, as last amended by Act 2022-292, Act 2022-294, and Act 2022-297 of the 2022 Regular Session of the Legislature; to increase the exemption for taxable retirement income for individuals who are 65 years of age or older.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2023-05-31 - Indefinitely Postpone [SB49 Detail]

Text: Latest bill text (Introduced) [PDF]

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