HB297 Alabama 2022 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Railroad Modernization Act of 2019, to change the administering agency from Dept. of Commerce to the Dept. of Revenue for the tax credit program, annual cap on income tax credits increased, sunset date extended for five years through tax year 2027, Secs. 37-11C-2, 37-11C-3, 37-11C-4, 37-11C-5, 37-11C-6 am'd.
Description
<p class="bill_description"> This bill would amend the Railroad
Modernization Act of 2019 to increase the annual
cap on income tax credits and extend the sunset
date for five years through tax year 2027</p><p class="bill_entitled_an_act"> Relating to the Railroad Modernization Act of 2019;
to amend Sections 37-11C-4 and 37-11C-6, Code of Alabama 1975,
to increase the annual cap on income tax credits and extend
the sunset date for five years through tax year 2027.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 5, 2022 | H | Forwarded to Governor on April 5, 2022 at 3:29 p.m. on April 5, 2022. |
| April 5, 2022 | H | Assigned Act No. 2022-341. |
| April 5, 2022 | H | Clerk of the House Certification |
| April 5, 2022 | H | Enrolled |
| April 5, 2022 | S | Signature Requested |
| April 5, 2022 | S | Concurred in Second House Amendment |
| April 5, 2022 | H | Scott motion to Concur In and Adopt adopted Roll Call 883 |
| April 5, 2022 | H | Concurrence Requested |
| March 31, 2022 | S | Motion to Read a Third Time and Pass adopted Roll Call 890 |
| March 31, 2022 | S | Motion to Adopt adopted Roll Call 889 |
| March 31, 2022 | S | Finance and Taxation Education first Substitute Offered |
| March 31, 2022 | S | Third Reading Passed |
| March 29, 2022 | S | Read for the second time and placed on the calendar with 1 substitute and |
| March 1, 2022 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
| March 1, 2022 | H | Motion to Read a Third Time and Pass adopted Roll Call 397 |
| March 1, 2022 | H | Third Reading Passed |
| February 23, 2022 | H | Read for the second time and placed on the calendar |
| February 8, 2022 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 29, 2022 | Room 825 **Bill Added** at 11:00 | Senate F&TE Hearing |
| Hearing | February 23, 2022 | Room 200 at 10:00 | House W&ME Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB297 Alabama 2022 Session - Introduced |
| Bill Text | HB297 Alabama 2022 Session - Enrolled |
| Bill Amendments | Senate Finance and Taxation Education first Substitute Offered |
| Fiscal Note | Fiscal Note - HB297 for Ways and Means Education |
| Fiscal Note | Fiscal Note - HB297 for Finance and Taxation Education |
| Fiscal Note | Fiscal Note - HB297 for Finance and Taxation Education |