HB116 Alabama 2023 Session
Bill Summary
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 eliminate the two percent tax rate on the first five hundred dollars ($500) of taxable income for single persons, heads of families, and married persons filing separate returns and would also eliminate the two percent tax rate on the first one thousand dollars ($1,000) of taxable income for married persons filing a joint return
Relating to individual income taxes; to amend Section 40-18-5, Code of Alabama 1975, to eliminate the two percent tax rate on the first five hundred dollars ($500) of taxable income for single persons, heads of families, and married persons filing separate returns and would also eliminate the two percent tax rate on the first one thousand dollars ($1,000) of taxable income for married persons filing a joint return. HB116 INTRODUCED
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 6, 2023 | S | Referred to Committee to Senate Finance and Taxation Education |
| April 6, 2023 | H | Read First Time in Second House |
| April 6, 2023 | H | Add Cosponsor |
| April 6, 2023 | H | Read a Third Time and Pass |
| April 6, 2023 | H | Adopt VFXYPV-1 |
| April 6, 2023 | H | On Third Reading in House of Origin |
| April 5, 2023 | H | Read Second Time in House of Origin |
| April 5, 2023 | H | Reported Out of Committee in House of Origin |
| April 5, 2023 | H | Reported Favorably from House Ways and Means Education |
| March 29, 2023 | H | Amendment/Substitute by House Ways and Means Education 8MQJFF-1 |
| March 21, 2023 | H | Introduced and Referred to House Ways and Means Education |
| March 21, 2023 | H | Read First Time in House of Origin |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 5, 2023 | Room 200 at 09:00 | House Ways and Means Education Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB116 Alabama 2023 Session - Engrossed |
| Bill Text | HB116 Alabama 2023 Session - Introduced |
| Bill Amendments | House Adopt |
| Bill Amendments | House Ways and Means Education AMD/SUB |
| Fiscal Note | Fiscal Note - As Introduced |
| Fiscal Note | Fiscal Note - As Passed First Chamber Committee |