SB214
173272-1:n:02/01/2016:MCS/tj LRS2016-224 SB214 By Senators Scofield, Livingston, Ward, Stutts, Melson, Reed, Dial and Whatley RFD Finance and Taxation Education Rd 1 11-FEB-16 SYNOPSIS: This bill would encourage accelerated investment in broadband infrastructure by private businesses by providing a nonrefundable income tax credit equal to 10 percent of the qualified investment in new broadband telecommunications network facilities in the state. A BILL TO BE ENTITLED AN ACT To amend Section 40-18-370, Code of Alabama 1975, and to add Section 40-18-370.1 to the Code of Alabama 1975, to provide a nonrefundable income tax credit for a certain percentage of qualifying investment in each new broadband telecommunication network facilitiy, as defined, in Alabama. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 40-18-370, Code of Alabama 1975, is amended to read as follows: §40-18-370. "(a) This article shall be known and may be cited as the Alabama Jobs Act. "(b) The...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB214.htm - 9K - Match Info - Similar pages
HB389
175422-1:n:03/08/2016:PMG/th LRS2016-1030 HB389 By Representatives Patterson, Hanes, Pettus, Whorton (R), Ledbetter, Rowe, Treadaway and Ball RFD State Government Rd 1 10-MAR-16 SYNOPSIS: Existing law provides a defined benefit retirement plan for any public employee who is first hired on or after January 1, 2013, by an employer who participates in the Teachers' Retirement System or the Employees' Retirement System. This bill would redefine the term "Tier I Plan Member" to include any person who, regardless of his or her date of employment, is employed as a correctional officer, firefighter, law enforcement officer, or state policeman. This bill would also redefine the term "Tier II Plan Member" to exclude a person hired as a correctional officer, firefighter, law enforcement officer, or state policeman. A BILL TO BE ENTITLED AN ACT To amend Sections 36-27-1, 36-27-16, and 36-27-24, Code of Alabama 1975, relating to retirement; to define certain terms relating to the Retirement Systems...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB389.htm - 57K - Match Info - Similar pages
HB36
Rep(s). By Representatives South, Garrett, Fincher, Shedd, Pettus, Hill (M), Millican, Weaver, Rowe, Davis, Ledbetter, Williams (JD), Holmes (M), Wilcox, McCutcheon, Baker, Greer, McMillan, Beckman, Carns, Poole, Chesteen, Mooney, Treadaway, Hubbard, Faulkner and Johnson (K) HB36 ENROLLED, An Act, To establish the Alabama Small Business and Agribusiness Jobs Act; to define certain terms; to provide for a tax credit to Alabama small business employers that create new jobs and hire new employees under certain conditions; to amend Section 40-18-321, Code of Alabama 1975, to make conforming changes; to provide rulemaking authority; and to require the Department of Revenue to implement a program promoting various tax credits for small businesses and independently owned business entities. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. This act shall be known and may be cited as the Alabama Small Business and Agribusiness Jobs Act. Section 2. For the purpose of this act, the...
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HB436
Rep(s). By Representative Shedd HB436 ENROLLED, An Act, Relating to Blount County; authorizing the county commission to levy an additional sales and use tax; providing for the collection, distribution, and use of the proceeds of the tax; and providing for a referendum on the issue. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. This act shall apply only to Blount County and be known as the Moving Blount County Forward Initiative. Section 2. As used in this act, sales and use tax means a tax imposed by the state sales and use tax statutes and such other acts applicable to Blount County, including, but not limited to, Sections 40-23-1, 40-23-2, 40-23-3, 40-23-4, 40-23-60, 40-23-61, 40-23-62, and 40-23-63, Code of Alabama 1975. Section 3. Subject to the approval of a majority of the electors voting at a referendum as provided for herein, the County Commission of Blount County may, upon a majority vote of the members, levy, in addition to all other taxes, including, but not...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB436.htm - 7K - Match Info - Similar pages
HB451
Rep(s). By Representative Robinson HB451 ENROLLED, An Act, Relating to financial institution excise tax; to amend Section 40-16-4, Code of Alabama 1975; to eliminate the requirement that the allocation and apportionment formula prescribed by the Department of Revenue for financial institutions be substantially the same as the allocation and apportionment formula recommended by the Multistate Tax Commission. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 40-16-4, Code of Alabama 1975, is amended to read as follows: §40-16-4. "(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) Conducting a credit card business through the issuance of credit cards to Alabama residents or businesses; or "(iv) Conducting a business employing moneyed capital coming into competition with the business of national banks shall pay to the state annually for...
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SB209
SB209 By Senator Holtzclaw ENROLLED, An Act, Relating to credit unions; to amend Sections 5-17-2, 5-17-4, 5-17-6, 5-17-7, 5-17-8, 5-17-10, 5-17-11, 5-17-12, 5-17-13, 5-17-19, 5-17-21, 5-17-22, 5-17-42, 5-17-45, 5-17-46, 5-17-47, 5-17-51, 5-17-52, 5-17-54, and 5-17-55, Code of Alabama 1975; to clarify and codify certain powers of credit unions, including, but not limited to, loan purchases, borrowing capacity, mergers, voluntary dissolutions, and other measures to provide parity with products and services offered by federal credit unions; to provide appellate rights for persons affected by a suspension of operation of a credit union; to authorize the Administrator of the Alabama Credit Union Administration to involuntarily merge a credit union into another credit union or another financial institution in certain extenuating circumstances; to modernize the bond provisions covering employees of the Alabama Credit Union Administration by providing that the employees are bonded under the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB209.htm - 74K - Match Info - Similar pages
HB115
173457-1:n:02/03/2016:LFO-KF*/bdl HB115 By Representative Johnson (R) RFD Ways and Means General Fund Rd 1 03-FEB-16 SYNOPSIS: This bill would require wholesalers of grocery items, including tobacco products, and licensed beer distributors, making sales within Alabama, on which sales or use tax was not collected at the time of the sale, to provide information reports with the Department of Revenue regarding those exempt transactions. A BILL TO BE ENTITLED AN ACT To require sellers of grocery items and distributors of beer to file information reports on sales made within Alabama in which sales or use tax was not collected; to provide penalties for noncompliance; to require the Department of Revenue to promulgate rules; and to provide effective dates. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. (a) For the purpose of enforcing the collection of taxes levied by Chapter 23 of Title 40 on the sale of tangible personal property, every wholesaler of grocery items and every beer...
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HB367
175072-1:n:03/02/2016:PMG/th LRS2016-921 HB367 By Representative Johnson (K) RFD Financial Services Rd 1 03-MAR-16 SYNOPSIS: This bill would clarify and codify certain powers of credit unions, including, but not limited to, loan purchases, borrowing capacity, mergers, voluntary dissolutions, and other measures to provide parity with products and services offered by federal credit unions. This bill would provide appellate rights for persons affected by a suspension of operation of a credit union. This bill would authorize the Administrator of the Alabama Credit Union Administration to involuntarily merge a credit union into another credit union or another financial institution in certain extenuating circumstances. This bill would modernize the bond provisions covering employees of the Alabama Credit Union Administration by providing that the employees are bonded under the Alabama Division of Risk Management. This bill would provide the Administrator of the Alabama Credit Union...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB367.htm - 75K - Match Info - Similar pages
HB38
Rep(s). By Representatives Tuggle, Mooney, Wingo, Hill (M), Weaver, Harper, Fridy, Chesteen, Lee, Ledbetter, Wilcox, Sanderford, Clouse, Boothe, McCutcheon, Baker, McMillan, Millican, Greer, Martin, Beckman, Fincher, Pettus, Garrett, Carns, Shedd, Poole, Hubbard, Faulkner, South and Johnson (K) HB38 ENGROSSED A BILL TO BE ENTITLED AN ACT To amend Section 40-2A-3, Code of Alabama 1975, to revise the definitions of Taxpayer Advocate and taxpayer assistance order; to amend Section 40-2A-4, Code of Alabama 1975, relating to the Taxpayer Advocate; to provide for the appointment of the advocate by the Governor; to require the advocate to maintain a public website; to require the advocate to promote the interests of taxpayers involved in disputes where an ambiguity in tax law exists; to remove the assistant commissioner's authority to approve taxpayer assistance orders; to require an annual report to certain legislative committees regarding tax law ambiguities; to provide for additional...
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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
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