SB356 Alabama 2018 Session
In Committee
Bill Summary
Sponsors
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
<p class="bill_description"> Currently, income tax credits are given to
certain businesses to offset income tax liability</p><p class="bill_description">
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</p><p class="bill_entitled_an_act"> Relating to tax credits; to provide an income tax
credit to Alabama businesses that lose an employee to another
Alabama business currently receiving any economic tax
incentive from state government.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 8, 2018 | S | Finance and Taxation Education first Amendment Offered |
| March 8, 2018 | S | Pending third reading on day 19 Favorable from Finance and Taxation Education with 1 amendment |
| March 8, 2018 | S | Read for the second time and placed on the calendar 1 amendment |
| March 1, 2018 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 8, 2018 | Room 727 *Public Hearing & Vote* at 08:30 | Senate F&TE Public Hearing |
| Hearing | March 8, 2018 | Room 727 *Public Hearing & Vote* at 09:00 | Senate F&TE Public Hearing |
| Hearing | May 3, 2017 | Room 123 REVISED PH at 13:30 | House C&MG Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB356 Alabama 2018 Session - Introduced |
| Bill Amendments | Senate Finance and Taxation Education first Amendment Offered |