HB248 Alabama 2018 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2018
Title
Home buyers, first-time, savings accounts authorized to save funds for a down payment and closing costs, income tax deduction for contributions
Description
Relating to first-time and second chance home buyers; to establish a first-time and second chance home buyer savings account; and to allow a tax deduction for contributions made to the account and a tax exclusion on earnings from the account to provide qualified first-time and second chance home buyers with meaningful incentives to save funds for the purchase of a first home in Alabama.
Subjects
Banks and Banking
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 22, 2018 | H | Forwarded to Governor on March 22, 2018 at 2:22 p.m. on March 22, 2018. |
| March 22, 2018 | H | Ways and Means Education first Amendment Offered |
| March 22, 2018 | H | Assigned Act No. 2018-467. |
| March 22, 2018 | H | Clerk of the House Certification |
| March 22, 2018 | H | Enrolled |
| March 22, 2018 | S | Signature Requested |
| March 22, 2018 | S | Concurred in Second House Amendment |
| March 22, 2018 | H | South motion to Concur In and Adopt adopted Roll Call 1004 |
| March 22, 2018 | H | Concurrence Requested |
| March 21, 2018 | S | Motion to Read a Third Time and Pass adopted Roll Call 948 |
| March 21, 2018 | S | Orr motion to Adopt adopted Roll Call 947 |
| March 21, 2018 | S | Orr Amendment Offered |
| March 21, 2018 | S | Orr motion to Adopt adopted Roll Call 946 |
| March 21, 2018 | S | Orr Amendment Offered |
| March 21, 2018 | S | Third Reading Passed |
| March 1, 2018 | S | Read for the second time and placed on the calendar |
| February 13, 2018 | S | Re-referred to Committee on Finance and Taxation Education |
| February 8, 2018 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
| February 6, 2018 | H | Engrossed |
| February 6, 2018 | H | Cosponsors Added |
| February 6, 2018 | H | Motion to Read a Third Time and Pass adopted Roll Call 211 |
| February 6, 2018 | H | Motion to Adopt adopted Roll Call 210 |
| February 6, 2018 | H | Clarke Amendment Offered |
| February 6, 2018 | H | Motion to Adopt adopted Roll Call 209 |
| February 6, 2018 | H | Collins Amendment Offered |
| February 6, 2018 | H | Motion to Adopt adopted Roll Call 208 |
| February 6, 2018 | H | Ways and Means Education Amendment Offered |
| February 6, 2018 | H | Third Reading Passed |
| February 1, 2018 | H | Read for the second time and placed on the calendar 1 amendment |
| January 23, 2018 | H | Rereferred from FR to W&ME |
| January 18, 2018 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 28, 2018 | Room 727 *Public Hearing & Vote* at 10:30 | Senate F&TE Hearing |
| Hearing | January 31, 2018 | Room 200 at 09:00 | House W&ME Hearing |
| Hearing | January 24, 2018 | Room 428 at 09:00 | House FS Public Hearing |
| Hearing | March 28, 2017 | Room 617 at 14:30 | House MGMCL Public Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB248 Alabama 2018 Session - Enrolled |
| Bill Text | HB248 Alabama 2018 Session - Engrossed |
| Bill Text | HB248 Alabama 2018 Session - Introduced |
| Bill Amendments | House Ways and Means Education first Amendment Offered |
| Bill Amendments | House Collins Amendment Offered |
| Bill Amendments | House Clarke Amendment Offered |
| Bill Amendments | Senate Orr Amendment Offered |
| Bill Amendments | Senate Orr Amendment Offered |
| Bill Amendments | House Education Policy second Amendment Offered |
| Bill Amendments | House Education Policy first Amendment Offered |