SB504 Alabama 2015 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2015
Title
Income tax withholdings, exemption for no tax liability for prior year or no anticipated tax liability, repealed, Sec. 40-18-73 am'd.
Description
Under current law, an employer is not required to withhold income taxes from an employee's wages if the employee has furnished the employer a withholding exemption certificate certifying that the employee: (1) incurred no income tax liability for the preceding tax year and (2) anticipates that he or she will not incur a tax liability for income tax imposed for the current year
This bill would amend current law to repeal the total exemption from withholding
To amend Section 40-18-73, Code of Alabama 1975, relating to individual income taxes; to repeal the total withholding exemption; and to provide an effective date.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| June 3, 2015 | S | Indefinitely Postponed |
| May 28, 2015 | S | Read for the second time and placed on the calendar |
| May 26, 2015 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | May 27, 2015 | ROOM 727 *Public Hearing* at 19:00 | Senate F&TG Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB504 Alabama 2015 Session - Introduced |