Skip to main content

SB131 Alabama 2016 Session

Updated Jul 24, 2021
SB131 Alabama 2016 Session
Senate Bill
Expired
Current Status
Regular Session 2016
Session
1
Sponsor

Summary

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