Reply #24: Have you read all the changes associated with passing the amendment?

[jody]

Go to the Alabama Secretary of State`s web site and study carefully, as I have, each of the bills below.

When you've done that, then feel informed enough to comment on the tax package.

Act No. 2003-78
and bills:
101 - To limit credits allowed insurance companies
102 - To clarify the definition of taxable income
103 - Relating to the Teacher Tenure Act
105 - Board of Education to create program for payments to teachers and for scholarships
106 - Relating to the Fair Dismissal Act
107 - To increase the rates of mortgage and deed recording taxes
108 - To increase rates of the utility gross receipts & utility service use taxes
109 - To increase the tax on cigarettes
110 - State to pay tuition of any qualified student for higher and postsecondary education
111 - Pertaining to Foundation Program of public schools to update funding formulas/disbursement
112 - To amend Teacher Accountability Act
113 - To prohibit public funds from being passed through from one entity to another by Legislature
114 - "School Fiscal Management and Responsibility Act"
115 - To repeal the deduction for federal income taxes
116 - Relating to individual and corporate income tax to provide funding for public education
117 - To provide for sharing the cost of health insurance premiums by state employees and retirees
118 - To eliminate the lubricating oil tax and exemption from sales and use tax
119 - To update the method of determining current use valuation of property