HB251 Summary

• Aligns Alabama state income tax return filing dates with corresponding federal income tax return due dates for individuals, fiduciaries, and corporations instead of fixed state dates.

• Individuals and fiduciaries must file state returns by the same date as federal returns rather than April 15; corporations must file by the same date as federal returns rather than March 15 for calendar year or the 15th day of the third month for fiscal year filers.

• Establishes that tax payments for all taxpayer types must be due on the same date as the corresponding federal return filing deadline, with the Department of Revenue retaining authority to grant reasonable filing extensions not exceeding six months.

• Becomes effective for taxable years beginning on or after January 1, 2016.