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AL HB61
Bill
Status
3/6/2023
Primary Sponsor
Ben Robbins
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AI Summary
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Establishes state income tax credits for recruited workers (law enforcement officers, nurses, teachers) and remote workers who move to Alabama counties and resided outside Alabama in the prior calendar year.
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Tax credit amounts vary by county tier: $30,000 annually for Tier 1 counties (population under 25,000), $20,000 for Tier 2 counties (25,000-50,000), and $10,000 for Tier 3 counties (50,000-100,000), each claimable for up to three tax years.
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Remote workers must have taxable income of at least $55,000 annually and both recruited and remote workers must reside in an affected county for a minimum of six months in the tax year the credit is claimed.
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Additional $5,000 annual credit available for workers in federal opportunity zones (as defined in I.R.C. § 1400Z-1), stackable with tier-based credits for a maximum three-year claim period.
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Credit is effective January 1, 2023 through December 31, 2027, capped at an aggregate $2,000,000 annually for all taxpayers, with the Department of Revenue authorized to adopt implementing rules.
Legislative Description
Relating to income tax; to define certain terms; to provide for a tax credit to a recruited worker or remote worker who moves to certain counties in Alabama.
Establish state income tax credit for recruited workers and remote workers.
Last Action
Introduced and Referred to House Ways and Means Education
3/6/2023