SB187 Alabama 2018 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2018
Title
Tax credits, exemptions, deductions, enacted in 2019 Reg. Sess., or thereafter, expiration within seven years from effective date, const. amend.
Description
This proposed amendment would require any tax credit, exemption, deduction, or preferential tax rate enacted beginning in the 2019 Regular Session of the Legislature to expire within seven years from the effective date of the act authorizing the tax expenditure, unless extended by an act of the Legislature.
Proposing an amendment to the Constitution of Alabama of 1901, to require any tax credit, exemption, deduction, or preferential tax rate enacted beginning in the 2019 Regular Session of the Legislature to expire within seven years from the effective date of the act authorizing the tax expenditure, unless extended by an act of the Legislature.
Subjects
Constitutional Amendments
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 16, 2018 | S | Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB187 Alabama 2018 Session - Introduced |
Source: Alabama Legislature