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
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
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.
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 |