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SB131 Alabama 2016 Session

Updated Jul 24, 2021

Summary

Primary Sponsor
Paul Sanford
Republican
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.

Subjects
Taxation

Bill Actions

S

Indefinitely Postponed

S

Sanford motion to Carry Over to the Call of the Chair adopted Voice Vote

S

Third Reading Carried Over to Call of the Chair

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 Education

Bill Text

Documents

Source: Alabama Legislature