SB19 Alabama 2022 Session

Signed by Governor

Bill Summary

Sponsors

Session

Regular Session 2022

Title

Income tax, optional standard deduction amount and adjusted gross income range allowable for maximum optional standard deduction and dependent exemption, increased, Secs. 40-18-15, 40-18-19 am'd.

Description

Under current law, the state levies an income tax upon all residents of the state and upon all nonresidents who receive income from Alabama sources. Taxpayers are allowed an optional standard deduction, as well as dependent exemptions in computing income subject to the tax.

This bill would increase the optional standard deduction and expand the adjusted gross income range allowable for the maximum optional standard deduction and the dependent exemption to increase the threshold at which the state imposes individual income taxes.

To amend Sections 40-18-15 and 40-18-19, Code of Alabama 1975, to increase the optional standard deduction and expand the adjusted gross income range allowable for the maximum optional standard deduction; and to expand the adjusted gross income range allowable for the maximum dependent exemption.

Subjects

Taxation

Bill Actions

Action Date	Chamber	Action
April 7, 2022	S	Assigned Act No. 2022-292.
April 7, 2022	H	Signature Requested
April 7, 2022	S	Enrolled
April 7, 2022	S	Passed Second House
April 7, 2022	H	Motion to Read a Third Time and Pass adopted Roll Call 997
April 7, 2022	H	Third Reading Passed
February 16, 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
February 8, 2022	S	Engrossed
February 8, 2022	S	Motion to Read a Third Time and Pass adopted Roll Call 132
February 8, 2022	S	Orr motion to Adopt adopted Roll Call 131
February 8, 2022	S	Finance and Taxation Education Amendment Offered
February 8, 2022	S	Third Reading Passed
January 18, 2022	S	Read for the second time and placed on the calendar 1 amendment
January 11, 2022	S	Read for the first time and referred to the Senate committee on Finance and Taxation Education