Bill Texts: AL HB353 | 2020 | Regular Session

Bill Title: Corporate income tax rate and financial institution excise tax rate, decreased, apportionment factor for corporate income tax rates revised, State income tax decoupled from fed. Tax Cuts and Jobs Act, electing pass-through entities, taxed at entity level, Ala. Business Tax Competitiveness Act, Secs. 40-16-1.2, 40-16-4, 40-18-31, 40-18-34, 40-18-35, 40-27-1 am'd.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2020-02-27 - Read for the first time and referred to the House of Representatives committee on Ways and Means Education [HB353 Detail]

Bill Drafts

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Introduced2020-02-27PDFLinkView

Amendments

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No bill amendments currently on file for Alabama HB353

Supplemental Documents

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No supplemental documents for Alabama HB353 currently on file.

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