HB44 Alabama 2015 1st Special Session
In Committee
Bill Summary
Sponsors
Session
First Special Session 2015
Title
Income tax, factor presence nexus standard based on business activity established for purpose of being subject to income tax in the state, tax applicable to in-state residents and businesses, and to nonresidents that do business in the state, Sec. 40-18-31.2 added
Description
This bill would establish a factor presence nexus standard for business activity for purposes of income tax
To add a new Section 40-18-31.2 to the Code of Alabama of 1975, to establish a factor presence nexus standard for business activity for purposes of income tax.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| August 3, 2015 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | August 4, 2015 | Room 617 at 11:00 | House W&ME Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB44 Alabama 2015 1st Special Session - Introduced |