SB57 Alabama 2022 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Economic tax incentives, reporting requirements of state agencies, Sec. 40-1-50 am'd.
Description
<p class="bill_description"> This bill would change the reporting date
requirements of state agencies that administer
economic tax incentives and establish sunset
provisions and reporting guidelines for economic
tax incentives</p><p class="bill_entitled_an_act"> Relating to economic tax incentives; to amend
Section 40-1-50, Code of Alabama 1975; to change the reporting
date requirements of state agencies which administer economic
tax incentives; to align committee schedules to review state
agency reports; to establish sunset dates for tax incentive
programs; to establish future sunset dates for extended tax
incentive programs; and to provide required guidelines for all
new incentive legislation.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 11, 2022 | 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 | SB57 Alabama 2022 Session - Introduced |