Prohibits expenditures to refund tax credits, pay rebates, or repurchase or grant transferable tax credits granted through incentive contracts unless budgeted and appropriated. (gov sig) (OR SEE FISC NOTE GF EX)
Provides for the appropriation of incentive expenditures. (7/1/16)
Provides for the appropriation of incentive expenditures. (7/1/17) (EN SEE FISC NOTE See Note)
Provides for an incentive expenditure forecast (EG SEE FISC NOTE GF RV See Note)
Provides for an incentive expenditure forecast to be established. (7/1/15) (EN SEE FISC NOTE GF RV See Note)
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.
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.
Provides for tax expenditure reporting and for tax expenditures to be appropriated (EG SEE FISC NOTE GF RV See Note)
Provides relative to the transfer and refundability of certain income tax credits. (gov sig) (RE INCREASE GF RV See Note)
Requires the appropriation of certain tax expenditures beginning in Fiscal Year 2017-2018 (OR SEE FISC NOTE See Note)