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SB199
204472-1:n:02/18/2020:FC/tj LSA2020-408 SB199 By Senator Albritton RFD Finance and Taxation
General Fund Rd 1 18-FEB-20 SYNOPSIS: Under existing law, funds received by the judge of probate
from an estate without heirs are paid to the State Treasurer. Section 258 of the Constitution
of Alabama of 1901, now appearing as Section 258 of the Recompiled Constitution of Alabama
of 1901, as amended, provides that estates of persons who die without heirs are required to
be used for education purposes. This bill would provide that if the proceeds from an estate
sale without heirs exceed $250,000, one-half of the net proceeds over $250,000 would be paid
to the county where the estate was probated and the remainder would be paid to the State Treasurer
to be used for education purposes. A BILL TO BE ENTITLED AN ACT Relating to funds in an estate
with no heirs; to amend Section 43-6-7, Code of Alabama 1975, to provide for the distribution
of a portion of the net proceeds from the estate to the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB199.htm - 3K - Match Info - Similar pages
HB202
Rep(s). By Representative Poole HB202 ENROLLED, An Act, Relating to the Alabama Business and
Nonprofit Entities Code; to amend Sections 10A-1-1.02, 10A-1-1.03, and 10A-1-1.08, as amended
by Act 2019-94, 2019 Regular Session, Code of Alabama 1975; to add Sections 10A-1-3.07 and
10A-1-3.08 to the Code of Alabama 1975; to amend Sections 10A-1-3.32, as amended by Act 2019-94,
2019 Regular Session, 10A-1-3.33, as amended by Act 2019-304, 2019 Regular Session, 10A-1-3.42,
10A-1-4.01, and 10A-1-4.02, as amended by Act 2019-94, 2019 Regular Session, and 10A-1-4.05,
Code of Alabama 1975; to add Section 10A-1-4.07 to the Code of Alabama 1975; to amend Sections
10A-1-4.11, as amended by Act 2019-94, 2019 Regular Session, 10A-1-4.12, 10A-1-4.21 and 10A-1-4.31,
as amended by Act 2019-94, 2019 Regular Session, and Sections 10A-1-5.04 and 10A-1-5.11, Code
of Alabama 1975; to add Section 10A-1-5.17 to the Code of Alabama 1975; to amend Sections
10A-1-6.02, 10A-1-8.01, and 10A-1-8.02, as amended by Act...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB202.htm - 399K - Match Info - Similar pages
SB206
204031-1:n:02/07/2020:KMS/tgw LSA2020-130 SB206 By Senator Givhan RFD Judiciary Rd 1 18-FEB-20
SYNOPSIS: This bill would make changes to the Alabama Business and Nonprofit Entities Code
to allow business corporations to elect to become benefit corporations; allow electronic filing
of all entity filings to increase the speed at which businesses may be formed and by which
transactions may be accomplished; update definitions to include terms applicable to the allowance
of electronic and digital transactions and transmissions of filings, notices, and data; establish
certain basic standards for all filing instruments to allow for easier electronic transmission;
provide a mechanism to allow the Secretary of State to reject certain filing instruments which
are not accompanied by full payment, to assist in the electronic filing process; clarify the
requirements of certificates of existence for entities; remove certain outdated definitions
and matters to streamline the code; and to clarify that...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB206.htm - 400K - Match Info - Similar pages
HB127
203665-1:n:01/08/2020:PMG/bm LSA2019-3142 HB127 By Representative Sorrell RFD Ethics and Campaign
Finance Rd 1 04-FEB-20 SYNOPSIS: Under existing law, a candidate, public official, or principal
campaign committee may accept, solicit, or receive campaign contributions for a period of
120 days following an election for the purpose of paying down campaign debt. This bill would
require a candidate, public official, or principal campaign committee who accepts, solicits,
or receives campaign contributions during the 120-day period after the election in order to
pay down campaign debt to report the campaign debt to the appropriate filing official and
would prohibit a candidate from accepting contributions that exceed the amount reported. This
bill would create the Campaign Debt Clarification Act. A BILL TO BE ENTITLED AN ACT Relating
to campaign finance; to amend Sections 17-5-2, 17-5-7, 17-5-8, and 17-5-9, Code of Alabama
1975; to create the Campaign Debt Clarification Act; to require a...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB127.htm - 36K - Match Info - Similar pages
HB353
205816-1:n:02/27/2020:LSA-KF/jmb HB353 By Representative Garrett RFD Ways and Means Education
Rd 1 27-FEB-20 SYNOPSIS: Under existing law, financial institutions are taxed at a rate of
six and one-half percent of net income and allowed to deduct federal income taxes paid or
accrued during the taxpayers tax year. Under existing law, corporate income taxpayers are
taxed at a rate equal to six and one-half percent of taxable income and allowed to deduct
federal income taxes paid or accrued within the year. Under existing law, the apportionment
factor for most corporate income taxpayers is calculated using a three-factor apportionment
formula, with the sales factor double-weighted. The 2017 federal Tax Cuts and Jobs Act eliminated
or limited business deductions and created new classes of income for corporate income taxpayers.
Since Alabama is a rolling conformity state, Alabama automatically conforms to many of the
federal tax changes without new legislation. This bill would decrease the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB353.htm - 73K - Match Info - Similar pages
SB250
205816-1:n:02/27/2020:LSA-KF/jmb SB250 By Senators Roberts and Marsh RFD Finance and Taxation
Education Rd 1 27-FEB-20 SYNOPSIS: Under existing law, financial institutions are taxed at
a rate of six and one-half percent of net income and allowed to deduct federal income taxes
paid or accrued during the taxpayers tax year. Under existing law, corporate income taxpayers
are taxed at a rate equal to six and one-half percent of taxable income and allowed to deduct
federal income taxes paid or accrued within the year. Under existing law, the apportionment
factor for most corporate income taxpayers is calculated using a three-factor apportionment
formula, with the sales factor double-weighted. The 2017 federal Tax Cuts and Jobs Act eliminated
or limited business deductions and created new classes of income for corporate income taxpayers.
Since Alabama is a rolling conformity state, Alabama automatically conforms to many of the
federal tax changes without new legislation. This bill would...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB250.htm - 73K - Match Info - Similar pages
HB371
205987-1:n:03/03/2020:LSA-KF/jmb HB371 By Representatives Reynolds, Stringer, Whitt, Robertson
and Estes RFD Ways and Means General Fund Rd 1 03-MAR-20 SYNOPSIS: Under current law, the
Department of Revenue receives an appropriation from the motor vehicle license taxes and registration
fees for the payment of expenses incurred during the collection of said taxes and fees. Additionally,
the Department of Revenue handles the administration and distribution of certain taxes and
fees. This bill will update the disbursement of these taxes and fees. A BILL TO BE ENTITLED
AN ACT To update the disbursement of certain license taxes and registration fees. BE IT ENACTED
BY THE LEGISLATURE OF ALABAMA:Section 1. Section 40-12-270, Code of Alabama 1975 is hereby
amended to read as follows: §40-12-270. "(a) The moneys collected each month by the
judge of probate from motor vehicle license taxes and registration fees, after deducting therefrom
the amounts referred to in subdivisions (1) and (2) of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB371.htm - 13K - Match Info - Similar pages
SB258
205987-1:n:03/03/2020:LSA-KF/jmb SB258 By Senator Singleton RFD Finance and Taxation General
Fund Rd 1 03-MAR-20 SYNOPSIS: Under current law, the Department of Revenue receives an appropriation
from the motor vehicle license taxes and registration fees for the payment of expenses incurred
during the collection of said taxes and fees. Additionally, the Department of Revenue handles
the administration and distribution of certain taxes and fees. This bill will update the disbursement
of these taxes and fees. A BILL TO BE ENTITLED AN ACT To update the disbursement of certain
license taxes and registration fees. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1.
Section 40-12-270, Code of Alabama 1975 is hereby amended to read as follows: §40-12-270.
"(a) The moneys collected each month by the judge of probate from motor vehicle license
taxes and registration fees, after deducting therefrom the amounts referred to in subdivisions
(1) and (2) of subsection (a) of Section 40-12-269, the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB258.htm - 13K - Match Info - Similar pages
HB213
203907-1:n:01/17/2020:PMG/bm LSA2019-3236 HB213 By Representatives Whitt, Reynolds, Allen,
Sorrells and Crawford RFD Ethics and Campaign Finance Rd 1 11-FEB-20 SYNOPSIS: Under existing
law, principal campaign committees and political action committees must periodically file
campaign finance reports and statements with the Secretary of State, except candidates for
municipal office must file campaign finance reports and statements with the appropriate judge
of probate. These statements must be filed electronically, except a committee receiving five
thousand dollars ($5,000) or less per election cycle may file by paper or facsimile. Under
existing law, the Secretary of State or the judge of probate may levy civil penalties against
a person who files a materially inaccurate campaign finance report. This bill would require
all campaign finance reports and statements to be filed electronically, without exception.
This bill would require all campaign finance reports and statements, including...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB213.htm - 29K - Match Info - Similar pages
SB300
203907-1:n:01/17/2020:PMG/bm LSA2019-3236 SB300 By Senators Burkette, Singleton and Smitherman
RFD Governmental Affairs Rd 1 12-MAR-20 SYNOPSIS: Under existing law, principal campaign committees
and political action committees must periodically file campaign finance reports and statements
with the Secretary of State, except candidates for municipal office must file campaign finance
reports and statements with the appropriate judge of probate. These statements must be filed
electronically, except a committee receiving five thousand dollars ($5,000) or less per election
cycle may file by paper or facsimile. Under existing law, the Secretary of State or the judge
of probate may levy civil penalties against a person who files a materially inaccurate campaign
finance report. This bill would require all campaign finance reports and statements to be
filed electronically, without exception. This bill would require all campaign finance reports
and statements, including reports and statements...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB300.htm - 29K - Match Info - Similar pages
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