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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2016 Alabama Legislative Regular Session
  5. 2016 Alabama Senate Bills
  6. SB187 Alabama 2016 Session

SB187 Alabama 2016 Session

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In Committee

Bill Summary

Sponsors
  • Phillip W. Williams
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

To amend Section 36-26-14, Code of Alabama 1975, as amended by Act 2015-83, providing for the establishment of a tax deferred compensation plan by the State Personnel Board, to authorize entities participating in the plan to enroll employees in the plan upon employment for a certain amount per pay period with provisions for the employee to opt out under certain conditions.

Subjects
Taxation

Bill Actions

Action DateChamberAction
April 28, 2016SIndefinitely Postponed
March 1, 2016SPending third reading on day 12 Favorable from Fiscal Responsibility and Economic Development with 1 amendment
March 1, 2016SRead for the second time and placed on the calendar 1 amendment
February 9, 2016SRead for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development

Bill Calendar

TypeDateLocationDescription
HearingFebruary 24, 2016Room 727** Revised-Bill Removed** at 15:00Senate FR&ED Hearing
HearingFebruary 24, 2016Room 727 ** Revised Public Hearing Added ** at 15:00Senate FR&ED Hearing
HearingFebruary 24, 2016Room 727 at 15:00Senate FR&ED Hearing

Bill Text

Download SB187 Alabama 2016 Session PDF

Bill Documents

TypeLink
Bill Text SB187 Alabama 2016 Session - Introduced
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