Skip to main content

HB588 Alabama 2021 Session

Updated Jun 12, 2021
HB588 Alabama 2021 Session
House Bill
Enacted
Current Status
Regular Session 2021
Session
1
Sponsor

Summary

Session
Regular Session 2021
Title
Income taxation, credit to owner, member, partner, shareholder of pass-through entity
Description

This bill entitles an owner, member, partner, or shareholder to a credit in an amount equal to its pro rata or distributive share of the Alabama income tax paid by the electing pass-through entity with respect to the corresponding tax year.

Subjects
Taxation

Bill Actions

S

Finance and Taxation Education first Amendment Offered

H

Delivered to Governor at 2:25 p.m. on May 4, 2021.

H

Assigned Act No. 2021-423.

H

Clerk of the House Certification

S

Signature Requested

S

Concurred in Second House Amendment

H

Enrolled

H

Garrett motion to Concur In and Adopt adopted Roll Call 1108

H

Concurrence Requested

S

Motion to Read a Third Time and Pass adopted Roll Call 1255

S

Roberts motion to Adopt adopted Roll Call 1254

S

Finance and Taxation Education zeroeth Substitute Offered

S

Singleton motion to Adopt adopted Roll Call 1253

S

Finance and Taxation Education Amendment Offered

S

Third Reading Passed

S

Read for the second time and placed on the calendar with 1 substitute and 1 amendment

S

Read for the first time and referred to the Senate committee on Finance and Taxation Education

H

Motion to Read a Third Time and Pass adopted Roll Call 785

H

Third Reading Passed

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on Ways and Means Education

Bill Text

Votes

HBIR: Garrett motion to Adopt Roll Call 784

April 13, 2021 House Passed
Yes 94
Absent 9

Motion to Read a Third Time and Pass Roll Call 785

April 13, 2021 House Passed
Yes 91
Absent 12

SBIR: Roberts motion to Adopt Roll Call 1252

April 29, 2021 Senate Passed
Yes 28
Absent 6

Garrett motion to Concur In and Adopt Roll Call 1108

April 29, 2021 House Passed
Yes 90
Abstained 4
Absent 9

Singleton motion to Adopt Roll Call 1253

April 29, 2021 Senate Passed
Yes 28
Absent 6

Roberts motion to Adopt Roll Call 1254

April 29, 2021 Senate Passed
Yes 28
Absent 6

Motion to Read a Third Time and Pass Roll Call 1255

April 29, 2021 Senate Passed
Yes 28
Absent 6

Documents

Source: Alabama Legislature