SB131 Alabama 2016 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Health Savings Accounts, income tax deduction auth. for contributions to, Sec. 40-18-15.6 added.
Description
Under existing law, taxpayers do not have an option for deducting contributions made to a Health Savings Account
This bill would grant a deduction on the Alabama Individual Income Tax return for Health Savings Accounts that mirrors the one allowed for Federal Income Tax purposes
To add Section 40-18-15.6, Code of Alabama 1975; relating to the Health Savings Account Contributions.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 28, 2016 | S | Indefinitely Postponed |
| March 3, 2016 | S | Sanford motion to Carry Over to the Call of the Chair adopted Voice Vote |
| March 3, 2016 | S | Third Reading Carried Over to Call of the Chair |
| February 11, 2016 | S | Read for the second time and placed on the calendar |
| February 3, 2016 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 10, 2016 | Room 727 **Public Hearings & Vote** at 10:30 | Senate F&TE Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB131 Alabama 2016 Session - Introduced |