Committee: State Government | Sponsor: Wood (D) |
Analyst: JT Mathis | Date: 02/11/2022 |
FISCAL NOTE
House Bill 165 as introduced creates an income tax refund check-off beginning in the 2017 tax year for the State Parks Division of the Department of Conservation and Natural Resources, Department of Mental Health, and Alabama Medicaid Agency. Based on average contributions to the current voluntary income check-off programs in fiscal year 2021, each entity could receive an estimated $12,700 annually from the provisions of this bill.
This bill would increase the administrative obligations of the Department of Revenue by an undetermined amount, which should be offset by the allowed cost of administration of up to 5% of collections.
Chris Pringle, Chair State Government |