Under existing law, a tax is imposed on the gross income of taxpayers. Gross income includes certain retirement allowances
This bill would exempt certain retirement allowances which are exempt under federal law from the state income tax
To amend Section 40-18-19, Code of Alabama 1975, relating to income taxation, to exempt certain retirement allowances which are exempt under federal law from the state income tax.
|March 30, 2010||Read for the first time and referred to the Senate committee on Finance and Taxation Education|
|Bill Text||SB579 Alabama 2010 Session - Introduced|