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AL SB43
Bill
Status
1/11/2022
Primary Sponsor
Andrew Jones
Click for details
AI Summary
SB43 Summary
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Exempts sales of food from state sales and use taxes effective January 1, 2023, with food defined by the federal Supplemental Nutrition Assistance Program (7 U.S.C § 2011, et seq.).
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Local governments continue to collect sales taxes on food at the same rate as the local portion of the retail sales tax.
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Limits federal income tax deductions for individual taxpayers to a maximum of $4,000 for tax years beginning after December 31, 2022, for those filing as single, head of household, or married filing separately.
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Limits federal income tax deductions to a maximum of $8,000 for tax years beginning after December 31, 2022, for taxpayers filing as married filing jointly.
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Requires a constitutional amendment to be approved by a majority of qualified electors voting in accordance with state election laws.
Legislative Description
Sales and use tax on food, exemption established, income tax deduction, deduction based on federal income tax paid, limit established, const. amend.
Constitutional Amendments
Last Action
Read for the first time and referred to the Senate committee on Finance and Taxation Education
1/11/2022