Alabama lawmakers approve one-time tax rebate of $150 per person, $300 to marries couples
Alabama lawmakers on Thursday gave final approval to a one-time tax rebate that will give $150 to single people and $300 to married couples.
Legislators agreed to a late-night compromise between different rebate amounts that had been approved in the House of Representatives and Alabama Senate. Senators voted 27-4 and representatives voted 103-0 for the compromise amount, which will cost the state an estimated $393 million.
The bill now goes to Alabama Gov. Kay Ivey who will decide whether to sign the legislation into law. Ivey in March called for larger rebates of $400 for singles and $800 for married couples to return “our taxpayers’ hard-earned dollars back to them” as the state sees an unusual $2.8 billion budget surplus.
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Senate Finance and Taxation Committee Chairman Arthur Orr said lawmakers settled on a rebate they thought would be significant but still affordable for state education coffers. He said there was concern about the cost of the larger rebate to the education budget, particularly as lawmakers consider other significant tax cuts, such as lowering the state sales tax on food.
Lawmakers are trying to make strategic choices with the