SB356 Alabama 2018 Session

Updated Apr 26, 2021

Senate Bill

Expired

Current Status

Regular Session 2018

Session

1

Sponsor

Summary

Primary Sponsor: Paul Sanford
Republican
Session: Regular Session 2018
Title: Taxation, businessess, income tax credit to a business that loses an employee to another business receiving any economic tax incentive from state government
Description: Currently, income tax credits are given to certain businesses to offset income tax liability.
This bill provides for an income tax credit to businesses that lose employees to a business currently receiving any economic tax incentive from state government.
Subjects: Taxation

Finance and Taxation Education first Amendment Offered

Pending third reading on day 19 Favorable from Finance and Taxation Education with 1 amendment

Read for the second time and placed on the calendar 1 amendment

Read for the first time and referred to the Senate committee on Finance and Taxation Education