Corporate income tax rate and financial institution excise tax rate, decreased, apportionment factor for corporate income tax rates revised, State income tax decoupled from fed. Tax Cuts and Jobs Act, electing pass-through entities, taxed at entity level, Ala. Business Tax Competitiveness Act, Secs. 40-16-1.2, 40-16-4, 40-18-31, 40-18-34, 40-18-35, 40-27-1 am'd.

SB 250 Corporate income tax rate and financial institution excise tax rate, decreased, apportionment factor for corporate income tax rates revised, State income tax decoupled from fed Tax Cuts and Jobs Act, electing pass through entities, taxed at entity level, Ala Business Tax Competitiveness Act, Secs 40 16 1 2, 40 16 4, 40 18 31, 40 18 34, 40 18 35, 40 27 1 am'd

Alabama Regular Session 2020

Bill Texts

Introduced 02/27/2020

Weigh In


Sponsors (1)