SB117 Alabama 2015 Session
Crossed Over
Bill Summary
Sponsors
Session
Regular Session 2015
Title
Taxation, tax deduction for taxpayers who made contributions to a catastrophe savings account, increase in state tax deduction, technical corrections to remove ambiguities, Homeowner's Insurance Catastrophic Event Planning Act, Secs. 40-18-311, 40-18-312 am'd.
Description
Under existing law, taxpayers are allowed a tax deduction for contributions made to a catastrophe savings account
This bill would create the Homeowner's Insurance Catastrophic Event Planning Act
This bill would make technical corrections to remove ambiguities and increase the amount of the tax deduction
To amend Sections 40-18-311 and 40-18-312, Code of Alabama 1975, relating to the state tax deduction granted to taxpayers for contributions made to a catastrophe savings account; to provide an increase in the state tax deduction awarded to taxpayers who made contributions to a catastrophe savings account; and to make technical corrections to remove ambiguities.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 7, 2015 | H | Ways and Means Education first Amendment Offered |
| May 7, 2015 | H | Pending third reading on day 21 Favorable from Ways and Means Education with 1 amendment |
| May 7, 2015 | H | Read for the second time and placed on the calendar 1 amendment |
| April 7, 2015 | S | Motion to Read a Third Time and Pass adopted Roll Call 334 |
| April 7, 2015 | S | Motion to Adopt adopted Roll Call 333 |
| April 7, 2015 | S | Banking and Insurance Amendment Offered |
| April 7, 2015 | S | Third Reading Passed |
| April 7, 2015 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
| April 7, 2015 | S | Engrossed |
| April 2, 2015 | S | Read for the second time and placed on the calendar 1 amendment |
| March 3, 2015 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | May 6, 2015 | Room 617 at 09:00 | House W&ME Hearing |
| Hearing | May 6, 2015 | Room 617 *REVISED at 09:00 | House W&ME Hearing |
| Hearing | April 29, 2015 | Room 617 at 09:00 | House W&ME Public Hearing |
| Hearing | April 1, 2015 | Room 320 at 11:30 | Senate B&I Hearing |
| Hearing | April 1, 2015 | Room 320 **REVISION 2- PH and BILL ADDED** at 11:30 | Senate B&I Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB117 Alabama 2015 Session - Engrossed |
| Bill Text | SB117 Alabama 2015 Session - Introduced |