SB137 Alabama 2023 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2023
Title
Relating to gross income; to amend Section 40-18-14, Code of Alabama 1975; to exclude hours worked above 40 in any given week from gross income.
Description
Under existing law, gross income is defined for the purpose of state income tax. Also existing law exempts certain amounts from the calculation of gross income
This bill would exclude work performed in excess of 40 hours in any week from being included in the calculation of gross income
Relating to gross income; to amend Section 40-18-14, Code of Alabama 1975; to exclude hours worked above 40 in any given week from gross income.
Subjects
Overtime wages, excluded from gross income
Bill Actions
Action Date | Chamber | Action |
---|---|---|
March 23, 2023 | S | Introduced and Referred to Senate Finance and Taxation Education |
March 23, 2023 | S | Read First Time in House of Origin |
Bill Text
Bill Documents
Type | Link |
---|---|
Bill Text | SB137 Alabama 2023 Session - Introduced |