Alabama 2023 2023 Regular Session

Alabama House Bill HB273 Introduced / Fiscal Note

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FISCAL NOTE 
House Bill 273
Committee: Ways and Means Education Sponsor: Representative Jamie Kiel
Analyst: Tiffany Weaver	Date: 04/18/2023
House Bill 273as introduced will reduce income tax receipts to the Education Trust Fund by an
estimated minimum $1,717,500 for the fiscal year ending Sept 30, 2024, and by an estimated
$2,290,000 for each fiscal year thereafter dependent on the number of employees and employers
now eligible to claim the tax deduction provided for in this bill.