Relating to the Growing Alabama Credit; to add Section 40-18-417.8 to the Code of Alabama 1975; to provide that the credit from a parent or holding company may be claimed by the subsidiary in certain circumstances; and to provide retroactive effect.
Summary
Relating to Growing Alabama Credit
Bill status
signed
all 5 stages cleared
Introduction
May 2023
Committee Review
May 2023
House Passage
May 2023
Senate Passage
May 2023
Signed into Law
May 2023
Introduced May 4, 2023
Signed May 30, 2023
Floor votes · Senate May 25, 2023 · House May 16, 2023
How they voted
29–0
Passed · 5 other
Total votes 34
May 25, 2023
D
Democratic8
75% Yea
R
Republican26
88% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
20
Key actions
6
Committee
5
May 25, 2023
Upper · Passed
Read a Third Time and Pass
upper
May 17, 2023
Upper · Passed
Reported Out of Committee in Second House
upper
May 17, 2023
Upper · Passed
Reported Favorably (Finance and Taxation Education)
upper
May 16, 2023
Committee
Referred to Committee (Finance and Taxation Education)
upper
May 16, 2023
Lower · Passed
Read a Third Time and Pass as Amended
lower
May 10, 2023
Lower · Passed
Reported Out of Committee in House of Origin
lower
May 10, 2023
Lower · Passed
Reported Favorably (Ways and Means Education)
lower
May 4, 2023
Introduced
Introduced and Referred (Ways and Means Education)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
David Faulkner
RRepublican
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