Alabama SB 86: Relating to income taxes; to provide a one-time refundable income tax credit to qualified taxpayers to partially offset the amount of sales taxes paid on groceries throughout the tax year; to create the Refundable Tax Credit Fund in the State Treasury; to provide that refundable credits would not be taxable for Alabama income tax purposes; and to provide an effective date.

Status: Enacted as 2023-377 (as of 2023-06-01)

State: Alabama · Session: 2023rs · Bill: SB 86

Subjects: One-time rebate for qualified tax payers.

Sponsors: Arthur Orr

View Alabama SB 86 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.