Hearing
Senate Finance and Taxation Education Hearing
Finance and Taxation at 10:00:00
HB439 Alabama 2023 Session
Updated Jan 14, 2026
HB439 Alabama 2023 Session
House Bill
Enacted
Current Status
Regular Session 2023
Session
1
Sponsor
Summary
- Primary Sponsor
-
David Faulkner RepresentativeRepublican - Session
- Regular Session 2023
- Title
- Relating to the Growing Alabama Credit; to add Section 40-18-417.8 to the Code of Alabama 1975; to provide that the credit from a parent or holding company may be claimed by the subsidiary in certain circumstances; and to provide retroactive effect.
- Description
Under existing law, the Growing Alabama Act provides a tax credit to eligible taxpayers who make contributions to Economic Development Organizations for approved qualifying projects.
This bill allows an allocation from a parent or a holding company to a subsidiary, both filing part of an Alabama consolidated return, provided the donation is ultimately paid by the subsidiary.
- Subjects
- Relating to Growing Alabama Credit
Bill Actions
H
Enacted
H
Enrolled
S
Ready to Enroll
S
Read a Third Time and Pass
S
On Third Reading in Second House
S
Read Second Time in Second House
S
Reported Out of Committee in Second House
S
Reported Favorably from Senate Finance and Taxation Education
S
Referred to Committee to Senate Finance and Taxation Education
S
Referred to Committee to Senate Finance and Taxation Education
H
Read First Time in Second House
H
Read a Third Time and Pass as Amended
H
Adopt F6M755-1
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 F6M755-1
H
Amendment/Substitute by House Ways and Means Education 50XBM6-1
H
Introduced and Referred to House Ways and Means Education
H
Read First Time in House of Origin
Calendar
Hearing
House Ways and Means Education Hearing
Room 200 at 09:00:00
Bill Text
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Votes
Read a Third Time and Pass as Amended
Yes
101
Absent
4
Adopt F6M755-1
Yes
103
Absent
2
Read a Third Time and Pass
Yes
30
Absent
5
Documents
Bill Text (Enrolled)
HB439 Alabama 2023 Session - Enrolled
Bill Text (Introduced)
HB439 Alabama 2023 Session - Introduced
Amendment
House Ways and Means Education AMD/SUB
Amendment
House Ways and Means Education AMD/SUB
Fiscal Note
Fiscal Note - As Introduced
Fiscal Note
Fiscal Note - As Passed First Chamber Committee
Fiscal Note
Fiscal Note - As Passed First Chamber
Source: Alabama Legislature