Under existing law, the Department of Revenue pays interest on the overpayments of income taxes beginning 90 days after the due date of the return
This bill would provide that the department would pay income tax refunds in a timely manner and provide further for the interest rate
To amend Section 40-1-44, Code of Alabama 1975, relating to interest on delinquent taxes and overpayments, to provide that the Department of Revenue would pay income tax refunds in a timely manner and provide further for the interest rate.
|December 9, 2010||Died on the Calender on 12/16/2010|
|December 9, 2010||Read for the second time and placed on the calendar|
|December 8, 2010||Read for the first time and referred to the Senate committee on Constitution, Campaign Finance, Ethics, and Elections|
|Bill Text||SB12 Alabama 2010 1st Special Session - Introduced|