Alabama SB 189: Small Business Relief and Revitalization Act of 2022, cancellation of indebtedness income exempt from income tax, financial institution excise tax and corporate income tax due date extension, certain business tangible personal property ad valorem tax exemption, deposit of certified funds with Revenue in lieu of one-time surety bond for licensure, average monthly sales tax liability for estimated payments increased, Secs. 40-16-3.1, 40-18-39.1 added; Secs. 40-9-1, 40-23-6, 40-23-6.1, 40-23-7 am'd.

Status: Read for the first time and referred to the House of Representatives committee on Ways and Means Education (as of 2022-02-17)

State: Alabama · Session: 2022rs · Bill: SB 189

Subjects: Taxation

Sponsors: Gudger

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