Senate Finance and Taxation Education Hearing
Finance and Taxation at 10:00:00
Under current law, the first $6,000 of taxable retirement income for individuals who are 65 years of age or older is exempt from Alabama income taxes.
This bill would increase the exemption amount to $12,000 of taxable income for individuals who are 65 years of age or older.
Read for the Second Time and placed on the Calendar
Reported Out of Committee Second House
Finance and Taxation Education 1st Substitute G3VVEC6-1
Pending Senate Finance and Taxation Education
Read for the first time and referred to the Senate Committee on Finance and Taxation Education
Motion to Add Cosponsor - Adopted Roll Call 418
Motion to Read a Third Time and Pass - Adopted Roll Call 417
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 15:30:00
Source: Alabama Legislature