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AL HB1
Bill
Status
1/12/2010
Primary Sponsor
Johnny Morrow
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AI Summary
HB1 Summary
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Proposes a constitutional amendment to repeal Amendment 225 (Section 211.04) of the Alabama Constitution regarding federal income tax deductions.
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Limits federal income tax deductions for individual taxpayers beginning January 1, 2011, with full deductions available only for taxpayers with adjusted gross income of $50,000 or less (single filers) or $100,000 or less (joint filers), with reductions of 1% per $1,500-$3,000 increment above these thresholds.
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Exempts food sales from state sales tax beginning January 1, 2011, while allowing local governments to continue levying their portion of sales tax on food, with food defined by the Federal Food Stamp Act (7 U.S.C. §2011) but excluding candy and soft drinks.
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Requires an election on the proposed amendment conducted according to Alabama Constitution Sections 284 and 285 and state election laws.
Legislative Description
State income tax, federal deduction limited for individual taxpayers, state sales tax on food removed, Amendment 225 (Section 211.04, Recompiled Constitution of Alabama of 1901, as amended), repealed, const. amend.
Constitutional Amendments
Last Action
Pending third reading on day 25 Favorable from Education Appropriations with 1 substitute
4/14/2010