HB90
173075-1:n:01/15/2016:JET/mfc LRS2016-145 HB90 By Representative Greer RFD Ways and Means Education Rd 1 03-FEB-16 SYNOPSIS: Currently, income from defined contribution deferred compensation plans is taxable as state income. This bill would provide that $50,000 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 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 amounts 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 the exemption. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 40-18-19, Code of Alabama 1975, as amended by Act 2015-442 of the 2015 Regular Session, is amended to read as follows: §40-18-19. "(a) The following exemptions from income taxation shall be allowed to every...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB90.htm - 11K - Match Info - Similar pages
HB91
173074-1:n:01/15/2016:JET/mfc LRS2016-144 HB91 By Representative Greer RFD Ways and Means Education Rd 1 03-FEB-16 SYNOPSIS: Currently, income from defined contribution deferred compensation plans is taxable as income. This bill would provide that 90 percent of such income, up to $50,000, is exempt. A BILL TO BE ENTITLED AN ACT 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 that 90 percent of income from defined contributions deferred compensation plans, up to a certain limit, is exempt from income taxation. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 40-18-19, Code of Alabama 1975, as amended by Act 2015-442 of the 2015 Regular Session, is amended to read as follows: §40-18-19. "(a) The following exemptions from income taxation shall be allowed to every individual resident taxpayer: "(1) Retirement allowances, pensions and annuities, or optional allowances, approved by the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB91.htm - 9K - Match Info - Similar pages
HB117
$400,000 shall be expended for the Alabama Center for the Arts. SOURCE OF FUNDS: ETF 4,734,496 Federal and Local Funds 873,800 Total Arts, State Council on the 4,734,496 873,800 5,608,296 Child Abuse and Neglect Prevention, Department of: Social Services Program 927,148 927,148 In accordance with Sections 26-16-1 et seq., Code of Alabama 1975. SOURCE OF FUNDS: ETF-Transfer 927,148 Total Child Abuse and Neglect Prevention, Department of 927,148 927,148 Commerce, Department of: Industrial Development Training Institute Program 55,124,479 55,124,479 Of the above appropriation, $6,440,154 shall be expended for the Industrial Development and Training Program; $5,513,341 shall be expended for the Industrial Training Program - Operations and Maintenance; $750,000 shall be expended for a marketing campaign for technical education; and $42,420,984 shall be expended for Workforce Development, of which $500,000 shall be expended for the Alabama Workforce Training Center and...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB117.htm - 119K - Match Info - Similar pages
HB181
173937-1:n:02/10/2016:FC*/cj LRS2016-597 HB181 By Representative Martin RFD Insurance Rd 1 11-FEB-16 SYNOPSIS: Under existing law, insurance adjusters are defined to be representatives of the insurance company and not of the insured. This bill would provide for the licensing and regulation of public adjusters of insurance claims on behalf of insureds. A BILL TO BE ENTITLED AN ACT Relating to insurance; to provide for the qualifications and procedures for the licensing of public adjusters; to provide definitions and exceptions to the licensing and registration requirements; to require public adjusters to take and pass a written examination, with exception; to provide for nonresident licensing; to require public adjusters to complete a minimum of 24 hours of continuing education on a biennial basis; to provide standards of conduct for public adjusters; to require public adjusters to report administrative action taken against them in other jurisdictions; to give the Commissioner of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB181.htm - 53K - Match Info - Similar pages
HB558
170665-1:n:06/16/2015:LLR/agb LRS2015-2297 HB558 By Representative Holmes (A) RFD Economic Development and Tourism Rd 1 19-APR-16 SYNOPSIS: Under existing law, lotteries and gift enterprises are prohibited by Section 65 of the Constitution of Alabama of 1901. This bill proposes an amendment to Section 65 of the Constitution of Alabama of 1901 to establish an Alabama Lottery and the Alabama Lottery Corporation; to authorize and regulate gaming by the entities currently licensed to conduct pari-mutuel wagering at the four existing racetracks in Alabama where pari-mutuel wagering is currently legal; to levy a state gross receipts tax and a local gross receipts tax on gaming revenue of the racetracks; to levy a tax on vendors of gaming equipment; to provide for the disposition of lottery proceeds and state gaming tax proceeds; to create the Alabama Lottery and Gaming Commission to implement, regulate, and administer gaming and regulate and supervise the Alabama Lottery and Alabama Lottery...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB558.htm - 26K - Match Info - Similar pages
HB20
167702-1:n:04/21/2015:PMG/agb LRS2015-1592 HB20 By Representative Williams (JD) RFD State Government Rd 1 02-FEB-16 SYNOPSIS: Under existing law, a corporate officer may elect on an annual basis to be exempt from workers' compensation insurance coverage by notifying the Department of Labor and his or her insurance carrier. This bill would remove the requirement that a corporate officer notify the Department of Labor when he or she elects to be exempt from workers' compensation insurance coverage. This bill would provide that once exempt from workers' compensation coverage, the officer would continue to be exempt until he or she revokes the exemption in accordance with certain procedures. A BILL TO BE ENTITLED AN ACT Relating to workers' compensation insurance; to amend Section 25-5-50, Code of Alabama 1975; to remove the requirement that a corporate officer notify the Department of Labor when he or she elects to be exempt from workers' compensation insurance coverage; and to provide...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB20.htm - 10K - Match Info - Similar pages
HB208
172788-1:n:12/30/2015:JLB/tj LRS2015-3467 HB208 By Representative Ford RFD Economic Development and Tourism Rd 1 11-FEB-16 SYNOPSIS: Under existing law, lotteries and gift enterprises are prohibited by Section 65 of the Constitution of Alabama of 1901. This bill proposes an amendment to Section 65 of the Constitution of Alabama of 1901, to authorize and regulate gaming by an entity licensed by the county commission of the county in which the sponsor of the amendment resides and by the entities currently licensed to conduct pari-mutuel wagering at the four existing racetracks in Alabama where pari-mutuel wagering is currently legal; to levy a state gross receipts tax and a local gross receipts tax on gaming revenue of the entities; to levy a tax on vendors of gaming equipment; to provide for the disposition of state gaming tax proceeds; to create the Alabama Gaming Commission to implement, regulate, and administer gaming and regulate; to authorize the Governor to negotiate a compact for...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB208.htm - 22K - Match Info - Similar pages
HB278
172788-2:n:02/23/2016:JLB/tj LRS2015-3467R1 HB278 By Representative Ford RFD Economic Development and Tourism Rd 1 23-FEB-16 SYNOPSIS: Under existing law, lotteries and gift enterprises are prohibited by Section 65 of the Constitution of Alabama of 1901. This bill proposes an amendment to Section 65 of the Constitution of Alabama of 1901, to authorize and regulate gaming by an entity licensed by the county commission of the county in which the sponsor of the amendment resides and by the entities currently licensed to conduct pari-mutuel wagering at the four existing racetracks in Alabama where pari-mutuel wagering is currently legal; to levy a state gross receipts tax and a local gross receipts tax on gaming revenue of the entities; to levy a tax on vendors of gaming equipment; to provide for the disposition of state gaming tax proceeds; to create the Alabama Gaming Commission to implement, regulate, and administer gaming and regulate; to authorize the Governor to negotiate a compact...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB278.htm - 22K - Match Info - Similar pages
HB468
176199-1:n:03/23/2016:LFO-LC*/csh HB468 By Representatives Williams (P), Greer and Ball RFD State Government Rd 1 23-MAR-16 SYNOPSIS: This bill provides certain governance provisions that shall apply to the Boards of Control of the Teachers Retirement System and the Employees Retirement System. A BILL TO BE ENTITLED AN ACT Relating to retirement; to amend Sections 16-25-19, 16-25-20, 36-27-23, and 36-27-25, Code of Alabama 1975, to specify certain governance provisions that shall apply to the Boards of Control of the Teachers Retirement System and the Employees Retirement System. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 16-25-19, 16-25-20, 36-27-23, and 36-27-25, Code of Alabama 1975, are hereby amended to read as follows: §16-25-19. "(a) The general administration and responsibility for the proper operation of the retirement system and for making effective the provisions of this chapter are hereby vested in a board of trustees which shall be known as...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB468.htm - 34K - Match Info - Similar pages
SB228
172593-1:n:12/01/2015:KMS/tj LRS2015-3290 SB228 By Senator Blackwell RFD Fiscal Responsibility and Economic Development Rd 1 11-FEB-16 SYNOPSIS: Under existing law, a corporate officer may elect on an annual basis to be exempt from workers' compensation insurance coverage by notifying the Department of Labor and his or her insurance carrier. This bill would remove the requirement that a corporate officer notify the Department of Labor when he or she elects to be exempt from workers' compensation insurance coverage. This bill would provide that once exempt from workers' compensation coverage, the officer would continue to be exempt until he or she revokes the exemption in accordance with certain procedures. A BILL TO BE ENTITLED AN ACT To amend Section 25-5-50, Code of Alabama 1975, relating to workers' compensation insurance; to remove the requirement that a corporate officer notify the Department of Labor when he or she elects to be exempt from workers' compensation insurance...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB228.htm - 10K - Match Info - Similar pages
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