Alabama · 2026 Regular Session · Bill

HB 250: Individual income taxes, to allow an exclusion from gross income for contributions to Trump Accounts and to make permanent the exclusion for amounts paid by an employer on any qualified education loan.

Enacted Last action April 17, 2026: Enacted

Plain-language summary

HB 250 is a bill introduced in the Alabama House on January 15, 2026. According to its official title, it concerns: Individual income taxes, to allow an exclusion from gross income for contributions to Trump Accounts and to make permanent the exclusion for amounts paid by an employer on any qualified education loan. Primary sponsor: Danny Garrett (Republican). Most recent recorded action (April 17, 2026): Enacted.

Sponsors

Primary sponsor: Danny Garrett (Republican).