Alabama HB 418: Relating to corporate income tax deductions, providing business interest expense deduction limitations, to provide a deduction equal to the business interest expense disallowed on the federal income tax return as a result of 26 U.S.C. Section 163 (j), Sec. 40-18-39.1 repealed.

Status: Read for the first time and referred to the House of Representatives committee on Ways and Means Education (as of 2022-03-01)

State: Alabama · Session: 2022rs · Bill: HB 418

Subjects: Income Tax

Sponsors: South

View Alabama HB 418 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.