HB17 Alabama 2016 Session
Updated Jul 24, 2021
HB17 Alabama 2016 Session
House Bill
In Committee
Current Status
Regular Session 2016
Session
1
Sponsor
Summary
- Primary Sponsor
-
Mike HillRepublican - Session
- Regular Session 2016
- Title
- Taxation, State Personnel Board, tax deferred compensation plan, created, Sec. 36-26-14 am'd.
- Description
Under existing law, the State Personnel Board has established a tax deferred compensation plan for employees of the state or a municipality, county, or other public entity electing to participate in the plan.
This bill would authorize entities participating in the plan to enroll employees in the plan upon employment for a certain amount per pay period with an option to opt out of the plan within 90 days after enrollment.
- Subjects
- Taxation
Bill Actions
H
Read for the first time and referred to the House of Representatives committee on State Government
Bill Text
Documents
Source: Alabama Legislature