SB20 Alabama 2015 1st Special Session
First Special Session 2015
Income tax withholdings, exemption for no tax liability for prior year or no anticipated tax liability, repealed, Sec. 40-18-73 am'd.
Under current law, an employer is not required to withhold income taxes from an employee's wages if the employee has furnished the employer a withholding exemption certificate certifying that the employee: (1) incurred no income tax liability for the preceding tax year and (2) anticipates that he or she will not incur a tax liability for income tax imposed for the current year
This bill would amend current law to repeal the total exemption from withholding
To amend Section 40-18-73, Code of Alabama 1975, relating to individual income taxes; to repeal the total withholding exemption; and to provide an effective date.
|August 5, 2015||S||Pending third reading on day 5 Favorable from Finance and Taxation Education|
|August 5, 2015||S||Read for the second time and placed on the calendar|
|August 3, 2015||S||Read for the first time and referred to the Senate committee on Finance and Taxation Education|
|Hearing||August 5, 2015||Room 727 at 11:00||Senate F&TE Hearing|
|Hearing||August 5, 2015||Room 727 at 19:00||Senate F&TE Hearing|
|Bill Text||SB20 Alabama 2015 1st Special Session - Introduced|