Adopt 1GCCZL-1
Yes
105
HB115 Alabama 2023 Session
Updated Apr 17, 2023
HB115 Alabama 2023 Session
House Bill
Expired
Current Status
Regular Session 2023
Session
1
Sponsor
Summary
- Primary Sponsor
-
Danny Garrett RepresentativeRepublican - Session
- Regular Session 2023
- Title
- Relating to individual income taxes; to amend Section 40-18-5, Code of Alabama 1975, to phase-in a reduction in the top tax rate from five percent to four and ninety-five hundredths percent.
- Description
Under existing law, Alabama levies an individual income tax at rates ranging from two percent on taxable income to a top rate of five percent on taxable income.
This bill would phase in a reduction in the top tax rate from five percent to four and ninety-five hundredths percent.
- Subjects
- Taxation and revenue, individual income tax rate reduced
Bill Actions
S
Referred to Committee to Senate Finance and Taxation Education
H
Read First Time in Second House
H
Add Cosponsor
H
Read a Third Time and Pass
H
Adopt 1GCCZL-1
H
On Third Reading in House of Origin
H
Read Second Time in House of Origin
H
Reported Out of Committee in House of Origin
H
Reported Favorably from House Ways and Means Education
H
Amendment/Substitute by House Ways and Means Education SH1675-1
H
Introduced and Referred to House Ways and Means Education
H
Read First Time in House of Origin
Bill Text
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Votes
Add Cosponsor
Yes
99
Absent
6
Read a Third Time and Pass
Yes
105
Documents
Bill Text (Introduced)
HB115 Alabama 2023 Session - Introduced
Bill Text (Engrossed)
HB115 Alabama 2023 Session - Engrossed
Source: Alabama Legislature