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
<p class="bill_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</p><p class="bill_entitled_an_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.
</p>
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 |