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
Under current law, individuals that qualify to file the Alabama simplified short form with an optional increased standard deduction cannot report non-wage income
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
Relating to individual income tax; to allow up to fifteen hundred of interest and dividend income on the Alabama simplified short form.
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 |