HB384 Alabama 2018 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2018
Title
Income tax credit only offset tax liability derived from non-Alabama sources, Sec. 40-18-21 am'd.
Description
<p class="bill_description"> Under current law, Alabama individual
residents are entitled to an income tax credit for
taxes paid directly or on their behalf to other
states and territories</p><p class="bill_description">
This bill provides that the income tax
credit on income derived from sources outside of
the state only offset the portion of the taxpayer’s
income tax liability that is attributable to income
derived from non-Alabama sources</p><p class="bill_entitled_an_act"> To amend Section 40-18-21, Code of Alabama 1975,
relating to the income tax credit for taxes paid on income
from sources outside the state; and to provide that the income
tax credit for taxes paid on income from sources outside the
state only offset the portion of the taxpayer’s income tax
liability that is attributable to income derived from
non-Alabama sources.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 22, 2018 | H | Delivered to Governor at 1:06 p.m. on March 22, 2018. |
| March 22, 2018 | H | Assigned Act No. 2018-465. |
| March 22, 2018 | H | Clerk of the House Certification |
| March 22, 2018 | S | Signature Requested |
| March 22, 2018 | H | Enrolled |
| March 22, 2018 | H | Passed Second House |
| March 21, 2018 | S | Motion to Read a Third Time and Pass adopted Roll Call 997 |
| March 21, 2018 | S | Third Reading Passed |
| March 8, 2018 | S | Read for the second time and placed on the calendar |
| March 6, 2018 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
| March 1, 2018 | H | Motion to Read a Third Time and Pass adopted Roll Call 558 |
| March 1, 2018 | H | Third Reading Passed |
| February 22, 2018 | H | Read for the second time and placed on the calendar |
| February 6, 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 | March 7, 2018 | Room 727 *Public Hearing & Vote* at 10:30 | Senate F&TE Hearing |
| Hearing | February 21, 2018 | Room 200 at 09:00 | House W&ME Hearing |
| Hearing | April 11, 2017 | Room 418 at 14:30 | House EP Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB384 Alabama 2018 Session - Introduced |