HB336 Alabama 2014 Session
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Bill Summary
Sponsors
Session
Regular Session 2014
Title
Taxation, to extend tax due date for taxpayers subject to the financial institution excise tax, Sec. 40-14A-22 am'd.
Description
<p class="bill_description"> Under current law, the business privilege
tax due date for financial institutions is March
15. The Alabama excise tax return filed by
financial institutions is due April 15. Taxpayers
often need to extend the filing date of the
business privilege tax return in order to have
complete information not available until the
financial institution excise tax return is
completed. All other entity types have
corresponding due dates for both the business
privilege tax return and the income tax return</p><p class="bill_description">
This bill would amend the business privilege
tax due date for taxpayers subject to the financial
institution excise tax from March 15 to April 15,
to provide for corresponding tax return due dates
for financial institutions</p><p class="bill_entitled_an_act"> To amend Section 40-14A-22 of the Code of Alabama
1975, to change the business privilege tax due date for
taxpayers subject to the financial institution excise tax to
April 15.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 19, 2014 | S | Pending third reading on day 27 Favorable from Finance and Taxation General Fund |
| March 19, 2014 | S | Read for the second time and placed on the calendar |
| March 13, 2014 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
| March 6, 2014 | H | Motion to Read a Third Time and Pass adopted Roll Call 648 |
| March 6, 2014 | H | Third Reading Passed |
| February 6, 2014 | H | Read for the second time and placed on the calendar |
| January 22, 2014 | H | Read for the first time and referred to the House of Representatives committee on Commerce and Small Business |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB336 Alabama 2014 Session - Introduced |