Alabama Lawmakers Approve Revised Tax Rebate Plan with $150 for Individuals and $300 for Couples.

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Source: WLOX
Alabama Lawmakers Approve Revised Tax Rebate Plan with $150 for Individuals and $300 for Couples.
Photo: WLOX
TL;DR Summary

Alabama lawmakers have approved a one-time tax rebate of $150 for single people and $300 for married couples, which will cost the state an estimated $393 million. The bill now goes to Governor Kay Ivey for approval. The rebate was part of an appropriations package that also included a nearly $9 billion education trust fund budget, a 2% pay raise for public school teachers and K-12 employees, and a plan to lower the state sales tax on food from 4% to 2%. Some lawmakers argued that the money will not go to those who need it the most, but others called it a refund to people who paid state income taxes.

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