SB191 Alabama 2020 Session
Updated Feb 13, 2020
SB191 Alabama 2020 Session
Senate Bill
In Committee
Current Status
Regular Session 2020
Session
1
Sponsor
Summary
- Primary Sponsor
-
Hank SandersDemocrat - 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.
- Subjects
- Taxation
Bill Actions
S
Read for the first time and referred to the Senate committee on Governmental Affairs
Bill Text
Documents
Source: Alabama Legislature