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HB64
172478-2:n:12/07/2015:MCS/tj LRS2015-3194R1 HB64 By Representatives Greer, Fridy and Garrett
RFD Ways and Means Education Rd 1 02-FEB-16 SYNOPSIS: Currently, income from defined contribution
deferred compensation plans is taxable as state income. This bill would provide that the first
90 percent of such annual income is exempt. The exemption would be phased in over a five-year
period. A BILL TO BE ENTITLED AN ACT To provide for the Alabama Fair Income Tax Act of 2016;
to amend Section 40-18-19, Code of Alabama 1975, as amended by Act 2015-442, relating to exemptions
from state income taxation; to provide for exemptions of certain percentages of annual income
received as a benefit from defined contribution deferred compensation plans; and to provide
for a period of five years to fully implement an exemption of 90 percent of such benefits.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. (a) This act shall be known as and
may be cited as the Alabama Fair Income Tax Act of 2016....
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SB208
SB208 By Senator Orr ENROLLED, An Act, To require state agencies which administer economic
tax incentives to make certain reports; to provide relative to the contents of such reports;
to provide for certain requirements and limitations; and to provide for related matters. BE
IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. (a) For the purpose of this section,
the term "economic tax incentive" shall mean any tax credits, deductions, exemptions,
abatements, preferential rates, or rebates given as an economic incentive. For the purpose
of this section, the term "economic incentive" shall mean an inducement provided
by the government, where the government promises to forgo tax revenues to which it is otherwise
entitled or to provide some other benefit to an individual or an entity and in exchange the
individual or entity promises to take specific action that contributes to economic development.
In order for the Legislature to get accurate and complete information regarding the costs...
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SB278
SB278 ENGROSSED By Senator Sanford A BILL TO BE ENTITLED AN ACT To amend Sections 11-3-11.3,
11-51-183, 11-51-208, 11-51-210, 40-12-4, and 40-12-7, and add Section 11-51-210.1, to the
Code of Alabama 1975, relating to the Department of Revenue; to further provide for the administration
of local sales, use, rental, and lodgings tax; to prohibit the department from charging for
certain services related to taxes authorized to be filed under the ONE SPOT system; to decrease
the cap on costs the department can charge a county from five percent to two percent; to extend
the county and municipal tax levy and rate notification requirements to the department; and
to provide liability relief for miscollection of local taxes due to the lack of proper rate
change notifications. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 11-3-11.3,
11-51-183, 11-51-208, 11-51-210, 40-12-4, and 40-12-7 of the Code of Alabama 1975, are amended
to read as follows: §11-3-11.3. "(a) Counties may,...
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SB78
SB78 ENGROSSED By Senator Dial A BILL TO BE ENTITLED AN ACT Relating to state income tax credits
for rural physicians; to amend Sections 40-18-130 to 40-18-132, inclusive, Code of Alabama
1975, to increase the number of years a state income tax credit is given to physicians who
reside and practice in small rural communities; and to extend the state income tax credit
to dentists who reside and practice in small rural communities. BE IT ENACTED BY THE LEGISLATURE
OF ALABAMA:Section 1. Sections 40-18-130 to 40-18-132, inclusive, Code of Alabama 1975, are
amended to read as follows: §40-18-130. It is the intent of the Legislature to institute
programs that will make rural Alabama communities more competitive with other states in the
recruitment and retention of physicians and dentists and reduce inequities that a small or
rural hospital and small or rural communities have in the funding and recruitment of physician
services physicians and dentists. §40-18-131. "For the purposes of this...
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HB126
Rep(s). By Representative McCutcheon HB126 ENROLLED, An Act, To amend Section 11-91A-2, Code
of Alabama 1975, relating to the Local Government Health Insurance Program, to authorize the
Alabama Network of Children's Advocacy Centers and its member Children's Advocacy Centers
to participate in the program. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section
11-91A-2, Code of Alabama 1975, is amended to read as follows: §11-91A-2. "(a) The Local
Government Health Insurance Board shall govern and administer the Local Government Health
Insurance Program currently governed and administered by the State Employees' Insurance Board
(SEIB) pursuant to Chapter 29 of Title 36. The transfer of the governance and administration
to the board shall take effect at 12:01 a.m. on January 1, 2015, and thereafter the board
shall take all control and responsibility for the program under procedures and authority set
out in this chapter. "(b) The program governed and administered by the board...
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HB224
Rep(s). By Representative Garrett HB224 ENGROSSED A BILL TO BE ENTITLED AN ACT To establish
the Alabama Small Business Investment Company Act; to provide for tax credits for taxpayers
that make eligible capital contributions to an eligible Alabama small business investment
fund; to require the Department of Commerce to accept applications for eligibility as an Alabama
small business investment fund and to make determinations of eligibility; to specify the amount
of tax credits that may be claimed for eligible contributions; to provide for the carrying
forward of credits under certain conditions; to provide procedures for the revocation of tax
credits for ineligible contributions; to provide procedures for the exit from the program;
to require each small business investment fund to report to the department certain employment
and financial information; to require the department to provide certain information regarding
whether businesses satisfy certain criteria relating to instate...
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SB235
by the taxpayer in connection with the adoption of a minor. For purposes of this subdivision,
medical expenses shall include any medical and hospital expenses of the adoptee and the adoptee's
biological mother which are incident to the adoptee's birth and subsequent medical care and
which, in the case of the adoptee, are paid or incurred before the petition is granted. "(25)
The amount of any aid or assistance, whether in the form of property, services, or monies,
provided to the State Industrial Development Authority pursuant to Section 41-10-44.8(d)
in order to induce an approved company to undertake a major project within the state. "(26)
The amount of premiums paid pursuant to a qualifying insurance contract for qualified long-term
care coverage. "(27) The amount deductible by the taxpayer in accordance with 26 U.S.C.
§ 162(h). "(28) The amount, up to five thousand dollars ($5,000) per annum, contributed
subsequent to December 31, 2007, to the Alabama Prepaid Affordable...
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SB73
SB73 By Senator Holley ENROLLED, An Act, Relating to boards of registrars; to amend Section
17-3-5, Code of Alabama 1975, by increasing from $60 to $80 the daily salary for each member
of a board of registrars. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 17-3-5,
Code of Alabama 1975, is amended to read as follows: §17-3-5. "(a) Each registrar shall
receive a salary in the amount of sixty dollars ($60) eighty dollars ($80) per day for each
day's attendance upon business of the board, to be paid by the state and disbursed to the
county commissions and disbursed by the county commissions to each registrar on order of a
quorum of the board of registrars of the county. The state Comptroller shall issue to each
county commission on a monthly basis an amount sufficient to fund these payments plus the
employer share of the Social Security or Federal Insurance Corporation Act tax. The county
commission will provide to the state Comptroller an invoice itemized to reflect...
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HB517
Rep(s). By Representative Millican HB517 ENROLLED, An Act, To propose an amendment to the Constitution
of Alabama of 1901, relating to fire protection in Marion County; to provide for the levy
and collection of an additional three mill property tax for fire protection in the county.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. The following amendment to the Constitution
of Alabama of 1901, is proposed and shall become valid as a part of the Constitution when
all requirements of this act are fulfilled: PROPOSED AMENDMENT Commencing with the levy for
the tax year for which taxes will become due and payable on October 1, 2017, there is hereby
levied a fire protection tax of three mills. The fire protection tax levied herein shall be
based upon the value of real and personal property assessed by affected property owners, as
shown on the records of the Revenue Commissioner of Marion County, and shall be assessed and
collected as are all ad valorem taxes in the county. The amount...
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HB528
Rep(s). By Representative Ford HB528 ENROLLED, An Act, Relating to Etowah County; to amend
Sections 45-28-91.01 and 45-28-91.02, Code of Alabama 1975, relating to the distribution of
lodging taxes; to further provide for the distribution of a portion of the tax; to remove
the exemption for campgrounds; and to further provide for the distribution and use of certain
lodging tax proceeds. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 45-28-91.01
and 45-28-91.02, Code of Alabama 1975, are amended to read as follows: §45-28-91.01. "(a)
There is hereby created the new Etowah County Tourism Board. The new board shall consist of
one member appointed by each member of the Etowah County House Legislative Delegation, one
member appointed by the senator representing Etowah County, one member appointed by the county
commission, one member appointed by the Mayor of Gadsden, one member appointed by the Etowah
County Mayors Association, one member appointed by the Etowah/Gadsden...
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