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SB497 Alabama 2015 Session

Updated Jul 24, 2021
SB497 Alabama 2015 Session
Senate Bill
Expired
Current Status
Regular Session 2015
Session
1
Sponsor

Summary

Primary Sponsor
Greg Albritton Senator
Republican
Session
Regular Session 2015
Title
Taxation, factor presence nexus standard based on business activity established for purpose of being subject to income taxation in the state, in state residence or domicile for individuals, businesses organized in state are subject to tax, nonresident individuals and businesses organized out of state that do business in the state are subject to state tax on income, Sec. 40-18-31.2 added
Description

This bill would establish a factor presence nexus standard for business activity for purposes of income tax.

Subjects
Taxation

Bill Actions

H

Ways and Means Education first Amendment Offered

H

Pending third reading on day 29 Favorable from Ways and Means Education with 1 amendment

H

Read for the second time and placed on the calendar 1 amendment

H

Read for the first time and referred to the House of Representatives committee on Ways and Means Education

S

Motion to Read a Third Time and Pass adopted Roll Call 1264

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 General Fund

Bill Text

Download Introduced PDF

Votes

Motion to Read a Third Time and Pass

May 28, 2015 Senate Passed
Yes 28
No 2
Absent 5

Documents

Bill Text (Introduced) SB497 Alabama 2015 Session - Introduced

Source: Alabama Legislature