SB43 Alabama 2023 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2023
Title
Relating to tax credits; to provide a tax credit to Alabama employers for employees eligible under the federal Work Opportunity Tax Credit Program; and to allow for the adoption of rules.
Description
This bill would allow an Alabama employer to claim a tax credit on Alabama income taxes or financial institution excise taxes for an employee eligible under the federal Work Opportunity Tax Credit Program
Relating to tax credits; to provide a tax credit to Alabama employers for employees eligible under the federal Work Opportunity Tax Credit Program; and to allow for the adoption of rules.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 7, 2023 | S | Introduced and Referred to Senate Finance and Taxation Education |
| March 7, 2023 | S | Read First Time in House of Origin |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB43 Alabama 2023 Session - Introduced |
| Fiscal Note | Fiscal Note - As Introduced |