SB168 Alabama 2018 Session

In Committee

Bill Summary

Sponsors

Session

Regular Session 2018

Title

Income, business privilege tax credit, for sales/rent of agricultural assets to beginning farmers

Description

Currently, there are specific tax credits allowed to be taken against income tax and business privilege tax liability.

This bill would provide for a tax credit on income tax or business privilege tax for the sale and rental of agricultural assets to beginning farmers.

To provide for an income tax credit or a business privilege tax credit for the sale and rental of agricultural assets to beginning farmers.

Subjects

Taxation

Action Date	Chamber	Action
March 8, 2018	S	Finance and Taxation Education first Amendment Offered
March 8, 2018	S	Further Consideration
March 8, 2018	S	Whatley motion to Carry Over to the Call of the Chair adopted Voice Vote
March 8, 2018	S	Third Reading Carried Over to Call of the Chair
March 6, 2018	S	Whatley motion to Carry Over to the Call of the Chair adopted Voice Vote
March 6, 2018	S	Whatley motion to Adopt adopted Roll Call 651
March 6, 2018	S	Finance and Taxation Education Amendment Offered
March 6, 2018	S	Third Reading Carried Over to Call of the Chair
March 6, 2018	S	Orr motion to Carry Over to the Call of the Chair adopted Voice Vote
March 6, 2018	S	Third Reading Carried Over to Call of the Chair
February 8, 2018	S	Read for the second time and placed on the calendar 1 amendment
January 11, 2018	S	Read for the first time and referred to the Senate committee on Finance and Taxation Education