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HB46
Rep(s). By Representative Scott HB46 ENROLLED, An Act, To require tax preparers to include
their federal preparer tax identification number on Alabama income tax returns prepared; to
provide penalties for violations; ensure that business privilege tax returns are due at the
same time as the corresponding federal income tax return, for financial institutions the due
date will correspond with the Alabama excise tax return due date; Section 12 of Act 99-665,
as amended by Act 2000-705, is codified by this bill as part of Section 40-14A-22, these changes
include, but are not limited to, codifying the maximum business privilege tax amount for a
Real Estate Investment Trust (REIT); the name of the Taxpayer Advocate is being changed to
the Taxpayer Assistance Officer, and allows for multiple Taxpayer Assistance Officers. BE
IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. A new Article is hereby added to the
Code of Alabama 1975, and shall be known and may be cited as the "Alabama...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB46.htm - 22K - Match Info - Similar pages
SB128
SB128 ENGROSSED By Senator Melson A BILL TO BE ENTITLED AN ACT To require tax preparers to
include their federal preparer tax identification number on Alabama income tax returns prepared;
to provide penalties for violations; ensure that business privilege tax returns are due at
the same time as the corresponding federal income tax return, for financial institutions the
due date will correspond with the Alabama excise tax return due date; Section 12 of Act 99-665,
as amended by Act 2000-705, is codified by this bill as part of Section 40-14A-22, these changes
include, but are not limited to, codifying the maximum business privilege tax amount for a
Real Estate Investment Trust (REIT); the name of the Taxpayer Advocate is being changed to
the Taxpayer Assistance Officer, and allows for multiple Taxpayer Assistance Officers. BE
IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. A new Article is hereby added to the
Code of Alabama 1975, and shall be known and may be cited as the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB128.htm - 22K - Match Info - Similar pages
SB67
181310-1:n:01/17/2017:JET*/th LRS2017-178 SB67 By Senators Coleman-Madison, Smitherman, Beasley,
Figures and Pittman RFD Fiscal Responsibility and Economic Development Rd 1 07-FEB-17 SYNOPSIS:
Under current law, each entity, subject to the Alabama corporate income tax, is required to
file a separate return and calculate the income tax on its separately accounted for taxable
income, regardless whether the entity is part of a larger business that consists of an affiliated
group of entities. This filing method allows large corporate taxpayers to take advantage of
tax planning options to shift income to other entities within the affiliated group located
in tax favorable states. Most large corporate businesses consist of a parent corporation and
a number of corporate subsidiaries. This bill would amend the corporate income tax law to
require the operations of all related entities, involved in a unitary business, file one corporate
income tax return on a combined basis, known as combined...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB67.htm - 63K - Match Info - Similar pages
HB263
Rep(s). By Representatives Johnson (K), Butler, Collins, Nordgren, Blackshear, Martin and Coleman
HB263 ENROLLED, An Act, To amend Section 40-16-4 of the Code of Alabama 1975, as amended by
Act 2016-283, relating to financial institutions with income taxed within and outside of the
state; to include loans and credit card receivables as part of the calculation for the property
factor of the finance institution excise tax apportionment formula; to specify that the apportionment
formula would be applicable to all tax years beginning on or after January 1, 2017; and to
provide for promulgation of rules by the Department of Revenue. BE IT ENACTED BY THE LEGISLATURE
OF ALABAMA:Section 1. Section 40-16-4 of the Code of Alabama 1975, as amended by Act 2016-283,
is amended to read as follows: ยง40-16-4. "(a)(1) Every such financial institution engaging
in any of the following businesses: "(i) Banking; "(ii) Conducting the business
of a financial institution as defined in this chapter; "(iii)...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB263.htm - 5K - Match Info - Similar pages
SB290
183465-1:n:03/03/2017:KMS/tgw LRS2017-1055 SB290 By Senators Glover and Albritton RFD Finance
and Taxation Education Rd 1 09-MAR-17 SYNOPSIS: Under existing law, the Alabama Accountability
Act provides a means for K-12 students who are enrolled in or assigned to attend failing public
schools to transfer to nonfailing public schools, under certain conditions. This bill would
authorize public nonfailing schools who have accepted and enrolled students from failing schools,
with due process, to rescind the transfer of those students who create discipline or conduct
problems. A BILL TO BE ENTITLED AN ACT To amend Sections 16-6D-8 and 16-6D-9, Code of Alabama
1975, relating to the Alabama Accountability Act; to authorize local public school systems,
with due process, to rescind the transfer of students who create discipline or conduct problems.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 16-6D-8 and 16-6D-9 of the
Code of Alabama 1975, are amended to read as follows:...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB290.htm - 37K - Match Info - Similar pages
SB123
SB123 ENGROSSED By Senators Marsh, McClendon, Glover, Whatley, Waggoner, Shelnutt, Pittman,
Dial, Allen, Williams, Albritton and Melson A BILL TO BE ENTITLED AN ACT To amend Sections
16-6D-3, 16-6D-4, 16-6D-6, 16-6D-8, and 16-6D-9, Code of Alabama 1975, relating to Alabama
Accountability Act of 2013; to provide further for definitions; to make income tax credits
available to trusts and estates; to increase the cap on income tax credits for donations to
scholarship granting organizations; to create a credit against utility gross receipts tax
liability for donations to scholarship granting organizations; to establish procedures for
claiming a credit against the utility gross receipts tax; to require scholarship granting
organizations to obtain audited financial statements annually; and to require the Department
of Revenue or its agent to perform an audit of each scholarship granting organization at least
triennially. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB123.htm - 62K - Match Info - Similar pages
SB302
SB302 ENGROSSED By Senators Ward and Albritton A BILL TO BE ENTITLED AN ACT Relating to the
finance and construction of prisons; to amend the heading of Chapter 101A (commencing with
Section 11-101A-1) of Title 11 and Sections 11-101A-1, 11-101A-2, 11-101A-4, and 11-101A-8
of and to add Section 11-101A-8.1 to the Code of Alabama 1975; to authorize counties and municipalities
to create authorities to construct prisons; to authorize the Department of Corrections to
enter into a lease of up to three prisons from authorities; to amend Sections 14-2-1, 14-2-6,
14-2-12, 14-2-13.1, 14-2-14, 14-2-16, 14-2-19, 14-2-21, 14-2-28, and 14-2-34, Code of Alabama
1975, to allow the Alabama Corrections Institution Finance Authority to issue up to $350 million
in bonds for the purpose of the renovation of existing prison facilities and the construction
of a new prison upon the lease of two prison facilities from a local authority; to revise
the membership of the authority; to require reporting to the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB302.htm - 80K - Match Info - Similar pages
HB422
183676-1:g:03/08/2017:KBH/th LRS2017-1071 HB422 By Representative Lee RFD Commerce and Small
Business Rd 1 16-MAR-17 SYNOPSIS: Under existing law, a municipality may require a business
license for each location where a taxpayer does business in the municipality and the police
jurisdiction of the municipality. This bill would provide that a business license is not required
for a person travelling through a municipality on business if the person is not operating
a branch office or doing business in the municipality. A BILL TO BE ENTITLED AN ACT To amend
Section 11-51-90.2 of the Code of Alabama 1975, relating to the purchase of a municipal business
license; to provide that a business license is not required for a person travelling through
a municipality on business if the person is not operating a branch office or doing business
in the municipality. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Section 11-51-90.2
of the Code of Alabama 1975, is amended to read as follows:...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB422.htm - 39K - Match Info - Similar pages
HB356
183263-1:n:03/01/2017:EBO-KB/mej HB356 By Representative Patterson RFD State Government Rd
1 02-MAR-17 SYNOPSIS: This bill would create an option for certain retirees of the Teachers'
Retirement System and the Employees' Retirement System to elect to receive a lump-sum cash
payment equal to and in lieu of a portion of his or her retirement allowance, not to exceed
50 percent. This bill would require the Director of Finance to certify to the Board of Control,
the Governor, and the presiding officer of each house of the Legislature whether or not available
funds are sufficient and economic conditions are satisfactory to support the financial viability
of the lump-sum retirement allowance option and would delay the offering of the option for
a period of 12 months if economic conditions do not support the viability of the lump-sum
option. This bill would also create the Alabama Pension Authority and would authorize the
authority to issue bonds to fund the lump-sum retirement allowance...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB356.htm - 122K - Match Info - Similar pages
SB321
183263-1:n:03/01/2017:EBO-KB/mej SB321 By Senator Hightower RFD Finance and Taxation Education
Rd 1 15-MAR-17 SYNOPSIS: This bill would create an option for certain retirees of the Teachers'
Retirement System and the Employees' Retirement System to elect to receive a lump-sum cash
payment equal to and in lieu of a portion of his or her retirement allowance, not to exceed
50 percent. This bill would require the Director of Finance to certify to the Board of Control,
the Governor, and the presiding officer of each house of the Legislature whether or not available
funds are sufficient and economic conditions are satisfactory to support the financial viability
of the lump-sum retirement allowance option and would delay the offering of the option for
a period of 12 months if economic conditions do not support the viability of the lump-sum
option. This bill would also create the Alabama Pension Authority and would authorize the
authority to issue bonds to fund the lump-sum retirement...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB321.htm - 122K - Match Info - Similar pages
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