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.
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “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.” Read the full text
2026 regular session
What it does
This act amends Section 40-18-14, Code of Alabama 1975, for tax years beginning on or after January 1, 2026, to: (1) exclude amounts contributed by an employer to the Trump Account of an employee or their dependent from the employee's gross income; and (2) permanently exclude amounts of principal or interest paid by an employer on any qualified education loan of an employee from the employee's gross income.
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Enacted (latest official status) · Jan 15, 2026
Latest official status shown, exactly as the official record states it. The step by step history lives on the official page linked below.
The numbers
1
sponsor on the bill
Sponsors
Garrett
Recorded votes
Recorded voteSenate · 2026-04-07 · yeas 26, nays 6, abstains 0
Recorded voteSenate · 2026-04-07 · yeas 34, nays 0, abstains 0
Recorded voteHouse · 2026-03-04 · yeas 85, nays 0, abstains 18
Recorded voteHouse · 2026-03-04 · yeas 98, nays 0, abstains 5
Roll-call results shown verbatim from the Alabama legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Enacted.