AL SB49 | 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 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.
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.
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 |
| 2023-03-07 | Senate | Introduced and Referred to Senate Finance and Taxation Education |
| 2023-03-07 | Senate | Read First Time in House of Origin |
