Alabama 2024 2024 Regular Session

Alabama House Bill HB380 Introduced / Fiscal Note

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FISCAL NOTE 
House Bill 380
Committee: Finance and Taxation EducationSponsor: Representative Joe Lovvorn
Analyst: Riley Aaron	Date: 04/22/2024
House Bill 380 as passed the House of Representatives could decrease potential income tax
receipts to the Education Trust Fund by a maximum of $2 million annually for fiscal years 2027
through 2029 by extending the existing storm shelter income tax credit through tax year 2028.