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SB343 Alabama 2014 Session

Updated Jul 24, 2021
SB343 Alabama 2014 Session
Senate Bill
Expired
Current Status
Regular Session 2014
Session
4
Sponsors

Summary

Session
Regular Session 2014
Title
Taxation, tax deduction for taxpayers who made contributions to a catastrophe savings account, increase in state tax deduction, technical corrections to remove ambiguities, Homeowner's Insurance Catastrophic Event Planning Act, Secs. 40-18-311, 40-18-312 am'd.
Description

Under existing law, taxpayers are allowed a tax deduction for contributions made to a catastrophe savings account.

This bill would create the Homeowner's Insurance Catastrophic Event Planning Act.

This bill would make technical corrections to remove ambiguities and increase the amount of the tax deduction.

Subjects
Taxation

Bill Actions

H

Pending third reading on day 28 Favorable from Financial Services

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on Financial Services

S

Motion to Read a Third Time and Pass adopted Roll Call 831

S

Third Reading Passed

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Finance and Taxation Education

Bill Text

Votes

Motion to Read a Third Time and Pass

March 18, 2014 Senate Passed
Yes 31
Absent 4

Documents

Source: Alabama Legislature