With budget surplus, Alabama lawmakers consider tax rebates

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By KIM CHANDLER
Associated Press

MONTGOMERY, Ala. (AP) – Alabama lawmakers are eyeing possible tax rebates as the state sees a $3 billion budget surplus.

Sen. Arthur Orr, who chairs the Senate education budget committee, said lawmakers are working with Gov. Kay Ivey on a proposal, but he expects that plan to include rebate checks to taxpayers.

He said the proposal would provide $200 to $250 to individuals and double that for married couples who file their taxes jointly.

The state budget that funds education has a $2.7 billion surplus, and the state general fund has a $351 million surplus, according to the Legislative Services Agency.

Read the full story on AP News right here.

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1/11/2023 6:02:31 PM (GMT -6:00)

Categories: Alabama News