SB191 Alabama 2020 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2020
Title
Taxation, individual income tax, simplified short form, allow up to fifteen hundred of interest and dividend income, Sec. 40-18-15.7 am'd.
Description
<p class="bill_description"> Under current law, individuals that qualify
to file the Alabama simplified short form with an
optional increased standard deduction cannot report
non-wage income</p><p class="bill_description">
This bill would allow taxpayers that would
otherwise qualify to file the Alabama simplified
short form to report up to fifteen hundred
dollars of interest and dividend income, non-wage
income</p><p class="bill_entitled_an_act"> Relating to individual income tax; to allow up to
fifteen hundred of interest and dividend income on the Alabama
simplified short form.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 13, 2020 | S | Read for the first time and referred to the Senate committee on Governmental Affairs |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB191 Alabama 2020 Session - Introduced |