SB375 Alabama 2018 Session

Summary

Primary Sponsor

Bill Hightower

Republican

Session

Regular Session 2018

Title

Taxation, individual and corporate tax structure revised, specific tax rate, reduction of rate under certain conditions, const. amend.

Description

This bill would propose an amendment to the Constitution of Alabama of 1901, entitled the Individual Flat Tax Act of 2018, to repeal Amendment 25 of the Constitution of Alabama of 1901, now appearing as Section 211.01 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, and Amendment 225 of the Constitution of Alabama of 1901, now appearing as Section 211.04 of the Official Recompilation of the Constitution of Alabama of 1901, as amended; to revise the individual income tax structure by providing a specific tax rate; to provide for certain tax credits and deductions under certain conditions; and to authorize the Legislature to enact general laws to implement the amendment.

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Subjects

Constitutional Amendments