HB260 Alabama 2018 Session
Bill Summary
Under existing law, an income tax credit is available for any agricultural trade or business that purchases and installs qualified irrigation equipment or a qualified reservoir. The maximum amount of the credit is $10,000 for tax years 2011 through 2017 and $50,000 for tax years 2018 through 2022
This bill would specify that an eligible taxpayer may claim one credit during tax years 2011 through 2017 and one credit during tax years 2018 through 2022
Relating to the income tax irrigation credit; to amend Section 40-18-342 of the Code of Alabama 1975, as amended by Act 2017-352 of the 2017 Regular Session, to specify that eligible taxpayers may claim one credit during tax years 2011 through 2017 and one credit during tax years 2018 through 2022.
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 | Assigned Act No. 2018-468. |
| March 22, 2018 | H | Clerk of the House Certification |
| March 22, 2018 | H | Enrolled |
| March 22, 2018 | S | Signature Requested |
| March 22, 2018 | H | Passed Second House |
| March 22, 2018 | S | Motion to Read a Third Time and Pass adopted Roll Call 1036 |
| March 22, 2018 | S | Third Reading Passed |
| March 1, 2018 | S | Read for the second time and placed on the calendar |
| February 20, 2018 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
| February 15, 2018 | H | Cosponsors Added |
| February 15, 2018 | H | Motion to Read a Third Time and Pass adopted Roll Call 355 |
| February 15, 2018 | H | Third Reading Passed |
| January 25, 2018 | H | Rereferred HB260 from W&ME to A&F |
| February 8, 2018 | H | Read for the second time and placed on the calendar |
| January 18, 2018 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 28, 2018 | Room 727 *Public Hearing & Vote* at 10:30 | Senate F&TE Hearing |
| Hearing | February 7, 2018 | Room 410 at 15:00 | House A&F Hearing |
| Hearing | January 31, 2018 | Room 410 at 15:00 | House A&F Hearing |
| Hearing | April 19, 2017 | Room 200 at 13:30 | House JUDY Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB260 Alabama 2018 Session - Introduced |