Alabama 2024 Regular Session

Alabama Senate Bill SB22

Introduced
2/6/24  
Introduced
2/6/24  

Caption

Income tax, tax credit for voluntary cash contributions to pregnancy center or residential maternity facility

Impact

The implementation of SB22 is expected to have significant implications for state tax law by creating a new avenue for tax credits focused specifically on contributions to pregnancy-related services. For the 2025 taxable year and onward, taxpayers will be able to benefit from this credit, which is capped at a total allocation of $10 million annually. This could lead to increased funding for eligible organizations, enhancing the support and services they can offer to expecting mothers and families, while also promoting certain values aligned with pro-life initiatives in Alabama.

Summary

SB22, also known as the Pregnancy Resource Act, aims to provide a state income tax credit for individuals and businesses that contribute to eligible pregnancy centers or residential maternity facilities in Alabama. The bill allows taxpayers to claim a credit equal to 50% of their total state income tax liabilities for voluntary cash contributions made to these organizations. This credit is intended to incentivize financial support for facilities that assist women in carrying pregnancies to term and promoting healthy childbirth practices.

Contention

Debate surrounding SB22 may arise primarily from its focus on pregnancy centers that adhere to specific guidelines, including the prohibition of any form of abortion services or partnerships with entities that support abortion. Critics of the bill might argue that it effectively directs state funds towards organizations that limit reproductive choices for women, potentially disregarding those seeking comprehensive reproductive healthcare. Conversely, proponents argue that the bill addresses a crucial need for support systems for pregnant women, fostering a culture that values life and parenting.

Companion Bills

No companion bills found.

Previously Filed As

AL SB290

Income tax, tax credit for voluntary cash contributions to pregnancy center or residential maternity facility

AL HB356

Income tax, tax credit for voluntary cash contributions to pregnancy center or residential maternity facility

AL HB2135

Establishing an income, privilege and premium tax credit for contributions to eligible charitable organizations operating pregnancy centers or residential maternity facilities.

AL SB498

Establishing a tax credit for contributions to eligible charitable organizations operating pregnancy centers or residential maternity facilities, increasing the tax credit amount for adoption expenses and making the credit refundable and providing a sales tax exemption for pregnancy resource centers and residential maternity facilities.

AL HB284

To enact the Pregnancy Resource Act; Relating to income tax; to provide a state income tax credit to individuals and businesses that make contributions to eligible charitable organizations that operate as a pregnancy center or residential maternity facility; and to specify the obligations of the Department of Revenue in implementing the act

AL HB2764

Establishing a tax credit for contributions to eligible charitable organizations operating pregnancy centers or residential maternity facilities and establishing a child tax credit, increasing the tax credit amount for adoption expenses and making the credit refundable and providing a sales tax exemption for pregnancy resource centers and residential maternity facilities.

AL HB208

To enact the Pregnancy Resource Act; Relating to income tax; to provide a state income tax credit to individuals and businesses that make contributions to eligible charitable organizations that operate as a pregnancy center or residential maternity facility; and to specify the obligations of the Department of Revenue in implementing the act.

AL SB212

To enact the Pregnancy Resource Act; Relating to income tax; to provide a state income tax credit to individuals and businesses that make contributions to eligible charitable organizations that operate as a pregnancy center or residential maternity facility; and to specify the obligations of the Department of Revenue in implementing the act.

AL HB1176

An adoption tax credit and a tax credit for contributions to a maternity home, child-placing agency, or pregnancy help center; and to provide an effective date.

AL HB2465

Enacting the adoption savings account act allowing individuals to establish adoption savings accounts with certain financial institutions, providing eligible expenses, requirements and restrictions for such accounts and establishing addition and subtraction modifications for contributions to such accounts under the Kansas income tax act, increasing the income tax credit amount for adoption expenses, establishing an income, privilege and premium tax credit for contributions to eligible charitable organizations operating pregnancy centers or residential maternity facilities and providing for a sales tax exemption for purchases by pregnancy resource centers and residential maternity facilities.

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