Gov. Kay Ivey signed a handful of bills into law Thursday. From education to taxes, these bills are said to benefit Alabamians now and in the future.
The first two bills Ivey signed into law were HB363 and SB263 which deal with public charter schools and the Alabama Accountability Act scholarship program.
Along with school choice, Ivey signed HB217 into law, which eliminates income taxes on all overtime pay for Alabama hourly workers. Prior to signing HB217, Ivey added an executive amendment to remove the $25 million annual cap, move up the program’s sunset date to June 30, 2025, and add reporting requirements to better monitor the fiscal impact of the overtime-pay exemption on the State’s Education Trust Fund.
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