Relating to income taxes; to amend Section 40-18-19, Code of Alabama 1975, as last amended by Act 2022-292, Act 2022-294, and Act 2022-297 of the 2022 Regular Session of the Legislature; to increase the exemption for taxable retirement income for individuals who are 65 years of age or older.
An Act Making Adjustments To The Personal Income And The Earned Income Tax Credit And Concerning The Human Capital Investment Tax Credit, Tax Gap Reporting And The Tax Incidence Report.