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.
|June 3, 2015||S||Indefinitely Postponed|
|May 28, 2015||S||Read for the second time and placed on the calendar|
|May 26, 2015||S||Read for the first time and referred to the Senate committee on Finance and Taxation General Fund|
|Hearing||May 27, 2015||ROOM 727 *Public Hearing* at 19:00||Senate F&TG Hearing|
|Bill Text||SB504 Alabama 2015 Session - Introduced|