SB12 Alabama 2010 Session
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Bill Summary
Sponsors
Session
Regular Session 2010
Title
Revenue Department, income tax refunds, payment within certain period of receipt of tax return, computation of interest, Sec. 40-1-44 am'd.
Description
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.
Subjects
Revenue Department
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 6, 2010 | Read for the first time and referred to the House of Representatives committee on Education Appropriations | |
| April 6, 2010 | Motion to Read a Third Time and Pass adopted Roll Call 732 | |
| April 6, 2010 | Third Reading Passed | |
| March 25, 2010 | Read for the second time and placed on the calendar | |
| January 12, 2010 | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB12 Alabama 2010 Session - Introduced |