SB190 Alabama 2011 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2011
Title
Freight lines and equipment companies, license tax credit for eligible expenses for maintenance, repairs, and improvements of railroad cars, authorized, Sec. 40-21-52.1 added
Description
<p class="bill_description"> This bill would provide a credit with
respect to the license tax imposed on freight lines
and equipment companies for eligible expenses for
maintenance, repairs, and improvements of railroad
cars of the freight lines and equipment companies</p><p class="bill_entitled_an_act"> To add a new Section 40-21-52.1 to the Code of
Alabama 1975, relating to license taxes imposed on freight
lines and equipment companies, to allow a credit for eligible
expenses for maintenance, repair, and improvement of railroad
cars of the freight lines and equipment companies.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| June 1, 2011 | Indefinitely Postponed | |
| April 7, 2011 | Read for the second time and placed on the calendar | |
| March 9, 2011 | Read for the first time and referred to the Senate committee on Commerce, Transportation, and Utilities |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB190 Alabama 2011 Session - Introduced |