SB342 Alabama 2020 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2020
Title
Coronavirus Aid, Relief, and Economic Security Act, any credits, refunds or loan forgivneness received from, excluded from Alabama taxation
Description
This bill would provide for an exclusion from Alabama taxation for any federal tax credits, advance refunds, or loan forgiveness resulting from the federal Coronavirus Aid, Relief, and Economic Security Act
To provide for an exclusion from Alabama tax for federal tax credits, advance refunds, or loan forgiveness received from the federal Coronavirus Aid, Relief, and Economic Security Act.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 4, 2020 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB342 Alabama 2020 Session - Introduced |