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AR SB584

Bill

Status

Passed

4/10/2019

Primary Sponsor

Jonathan Dismang

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Origin

Senate

92nd General Assembly (2019 Regular)

AI Summary

  • Department of Finance and Administration must revise individual income tax forms under the Income Tax Act of 1929 (§ 26-51-101 et seq.) to include additional lines allowing taxpayers to designate up to two bank accounts for direct deposit of refunds.

  • Taxpayers must be able to specify the allocation of their refund amount between the two designated bank accounts.

  • Revisions to income tax forms must be implemented for tax years beginning on or after January 1, 2020.

  • Bill was approved on April 8, 2019.

Legislative Description

To Require The Department Of Finance And Administration To Provide Space On Income Tax Forms For An Individual Taxpayer To Designate More Than One (1) Account For The Direct Deposit Of The Taxpayer's Refund.

Last Action

Notification that SB584 is now Act 774

4/10/2019

Committee Referrals

Revenue and Taxation3/26/2019
Revenue & Taxation3/18/2019

Full Bill Text

No bill text available