Senate Finance and Taxation Education (Senate) Hearing
Finance and Taxation at 10:00:00
Under current law, contributions to an Alabama Achieving a Better Life Experience (ABLE) savings account are deductible from taxable income on an Alabama individual income tax return until December 31, 2025 when the deduction is sunset.
This bill would extend the ABLE contributions deduction through December 31, 2030.
Read for the Second Time and placed on the Calendar
Reported Out of Committee Second House
Pending Senate Finance and Taxation Education
Read for the first time and referred to the Senate Committee on Finance and Taxation Education
Motion to Read a Third Time and Pass - Adopted Roll Call 559
Third Reading in House of Origin
Read for the Second Time and placed on the Calendar
Reported Out of Committee House of Origin
Pending House Ways and Means Education
Read for the first time and referred to the House Committee on Ways and Means Education
Finance and Taxation at 10:00:00
Room 200 at 09:00:00
Source: Alabama Legislature