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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2022 Alabama Legislative Regular Session
  5. 2022 Alabama Senate Bills
  6. SB152 Alabama 2022 Session

SB152 Alabama 2022 Session

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Signed by Governor

Bill Summary

Sponsors
  • Dan Roberts
  • Gerald H. Allen
  • Will Barfoot
  • William “Bill” M. Beasley
  • Tom Butler
  • Clyde Chambliss
  • Donnie Chesteen
  • Linda Coleman-Madison
  • Chris Elliott
  • Vivian Davis Figures
  • Sam Givhan
  • Garlan Gudger
  • Kirk Hatcher
  • Jimmy Holley
  • Andrew Jones
  • Steve Livingston
  • Del Marsh
  • Tim Melson
  • Arthur Orr
  • Randy Price
  • Greg J. Reed
  • Clay Scofield
  • David Sessions
  • Shay Shelnutt
  • Bobby D. Singleton
  • Rodger Smitherman
  • Larry Stutts
  • J.T. Waggoner
  • April Weaver
  • Tom Whatley
  • Jack W. Williams
Session
Regular Session 2022
Title
Taxation, income tax, exclusion of enhanced federal child tax credits from American Rescue Plan Act from calculation of federal income tax deduction for tax year 2021, extension of the due date for certain taxpayers, Secs. 40-16-3.1, 40-18-39.2 added.
Description

Under existing law, amounts received as federal child tax credits under Internal Revenue Code Section 24, as federal earned income tax credits under Internal Revenue Code Section 32, or as child and dependent care tax credits under Internal Revenue Code Section 21 reduce the federal income tax deduction allowed for Alabama individual taxpayers

Under existing law, the enhanced, federal expansion of these credits under the American Rescue Plan Act, which will be granted to individual taxpayers in the tax year ending December 31, 2021, would increase Alabama individual taxable income for the 2021 tax year

This bill would create an allotment in the state income tax law to conform with the federal intent behind the income tax credit expansion within the American Rescue Plan Act and would provide that the reduction in the individual federal income tax deduction associated with the federal child tax credits, earned income tax credits, and child and dependent care tax credits for the tax year ending on December 31, 2021, would be calculated as if the individual paid the federal income tax that would otherwise have been paid under the provisions of the Internal Revenue Code in effect on December 31, 2020

Under current law, the due date for a corporate income tax return and financial institution excise tax return is the same as the corresponding federal income tax return

This bill would provide for a one-month extension of the due date of tax returns for Alabama financial institution excise taxpayers and corporate income taxpayers in tax years beginning on or after January 1, 2021, in order to provide taxpayers with additional time to calculate their tax liabilities under new federal and state tax law, without incurring a late filing penalty. The filing extension would not extend the due date of the tax liability by these taxpayers

This bill would also authorize the Department of Revenue, in its discretion, to extend the due date of tax returns for Alabama financial institution excise taxpayers and corporate income taxpayers by one month in tax years beginning on or after January 1, 2020, but before January 1, 2021

Relating to taxation; to provide that the deduction allowed to individual taxpayers for federal income tax paid or accrued within the tax year ending December 31, 2021 will be determined without considering the reduction in federal tax attributable to any additional federal child tax credit, federal earned income tax credit, or federal child and dependent care tax credit received pursuant to the American Rescue Plan Act of 2021, in order to allow individuals to receive the amount of the enhanced federal credits rather than pay state income tax on a portion of the amounts received; to add Sections 40-16-3.1 and 40-18-39.2 to the Code of Alabama 1975, to provide for an extension of the due date for tax returns for certain taxpayers; and to authorize the Department of Revenue to adopt rules.

Subjects
Taxation

Bill Actions

Action DateChamberAction
February 22, 2022SAssigned Act No. 2022-75.
February 22, 2022SEnrolled
February 22, 2022HSignature Requested
February 22, 2022HConcurred in Second House Amendment
February 22, 2022SRoberts motion to Concur In and Adopt adopted Roll Call 365
February 22, 2022SConcurrence Requested
February 17, 2022HMotion to Read a Third Time and Pass adopted Roll Call 272
February 17, 2022HMotion to Adopt adopted Roll Call 271
February 17, 2022HWays and Means Education Amendment Offered
February 17, 2022HThird Reading Passed
February 16, 2022HRead for the second time and placed on the calendar 1 amendment
February 3, 2022HRead for the first time and referred to the House of Representatives committee on Ways and Means Education
February 3, 2022SMotion to Read a Third Time and Pass adopted Roll Call 114
February 3, 2022SThird Reading Passed
February 2, 2022SRead for the second time and placed on the calendar
February 1, 2022SRead for the first time and referred to the Senate committee on Finance and Taxation Education

Bill Calendar

TypeDateLocationDescription
HearingFebruary 16, 2022Speaker's Conference Room at 16:00House W&ME Hearing
HearingFebruary 2, 2022Room 825 at 10:30Senate F&TE Hearing

Bill Text

Download SB152 Alabama 2022 Session PDF

Bill Votes

Roberts motion to Concur In and Adopt Roll Call 365
2022-02-22
Chamber: Senate
Result: Passed
Motion to Read a Third Time and Pass Roll Call 272
2022-02-17
Chamber: House
Result: Passed
Motion to Adopt Roll Call 271
2022-02-17
Chamber: House
Result: Passed
HBIR: Carns motion to Adopt Roll Call 270
2022-02-17
Chamber: House
Result: Passed
Motion to Read a Third Time and Pass Roll Call 114
2022-02-03
Chamber: Senate
Result: Passed
SBIR: Roberts motion to Adopt Roll Call 113
2022-02-03
Chamber: Senate
Result: Passed

Bill Documents

TypeLink
Bill Text SB152 Alabama 2022 Session - Enrolled
Bill Text SB152 Alabama 2022 Session - Introduced
Bill Amendments House Ways and Means Education first Amendment Offered
Fiscal Note Fiscal Note - SB152 for Finance and Taxation Education
Fiscal Note Fiscal Note - SB152 for Ways and Means Education
Fiscal Note Fiscal Note - SB152 for Ways and Means Education
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