SB303 Alabama 2022 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Economic tax incentives, reporting requirements of state agencies, Sec. 40-1-50 am'd.
Description
This bill would change the reporting date requirements of state agencies that administer economic tax incentives and establish sunset provisions and reporting guidelines for economic tax incentives
Relating to economic tax incentives; to amend Section 40-1-50, Code of Alabama 1975; to change the reporting date requirements of state agencies which administer economic tax incentives; to align committee schedules to review state agency reports; to establish sunset dates for tax incentive programs; to establish future sunset dates for extended tax incentive programs; and to provide required guidelines for all new incentive legislation.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 6, 2022 | S | Indefinitely Postponed |
| March 29, 2022 | S | Read for the second time and placed on the calendar |
| March 9, 2022 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 29, 2022 | Room 825 **Bill Added** at 11:00 | Senate F&TE Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB303 Alabama 2022 Session - Introduced |
| Fiscal Note | Fiscal Note - SB303 for Finance and Taxation Education |