SB355 Alabama 2016 Session
Updated Jul 24, 2021
SB355 Alabama 2016 Session
Senate Bill
Expired
Current Status
Regular Session 2016
Session
1
Sponsor
Summary
- Primary Sponsor
-
Trip PittmanRepublican - Session
- Regular Session 2016
- Title
- Insurance, premium tax on insurance premiums, credits for certain employees altered, Alabama real property investment credit eliminated, insurance office facility credit eliminated, Sec. 27-4A-3 am'd.
- Description
Currently, a tax on certain insurance premiums is offset by certain credits, including credits for insurance office facilities and real property investments.
This bill would eliminate the real property investment credit and would revise the credits provided for certain office facilities to apply based on the number of insurance company employees in the state.
- Subjects
- Insurance
Bill Actions
S
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Bill Text
Documents
Source: Alabama Legislature