# Alabama HB250: 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. Alabama HB250, 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., is a 2026 Regular Session House bill sponsored by Danny Garrett (Republican); status enacted, last action 2026-04-17 (Enacted); PRIA reads it as touching household money (as of 2026-10-16). - Canonical: https://policyrisk.com/state-bill/AL-HB250-2026rs - As of: 2026-10-16 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Alabama HB250 - State: Alabama - Session: 2026 Regular Session - Title: 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. - Status: enacted - Chamber: House - Introduced: 2026-01-15 - Last action: 2026-04-17, Enacted - Sponsor: Danny Garrett (Republican) - Cosponsors: 0 - Subjects: Taxation & Revenue - Touches household money: yes - Roll calls: 4 (243 yes, 6 no in all) - Economic provisions PRIA read: 2 ## Summary No summary available. ## Bill overview: provisions PRIA read - Workers get tax breaks for employer-paid loans: benefit, medium. For tax years beginning January 1, 2026, or later, Alabama excludes qualifying employer-paid education loan payments from workers’ gross income. This covers principal or interest paid to the employee or directly to the lender. Only payments excluded from the employee’s federal gross income qualify.… - Workers get tax breaks for Trump Accounts: benefit, medium. For tax years beginning January 1, 2026, or later, Alabama excludes qualifying employer contributions to Trump Accounts from workers’ gross income. Contributions can go to the employee’s account or a dependent’s account. Only contributions excluded from the employee’s federal gross income qualify.… ## Sponsors and cosponsors - Sponsor: Danny Garrett (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-07 | Senate | Third Reading in Second House | pass | 34 | 0 | | | 2026-04-07 | Senate | Motion to Read a Third Time and Pass - Adopted Roll Call 1219 | pass | 26 | 6 | | | 2026-02-12 | House | Motion to Read a Third Time and Pass - Adopted Roll Call 395 | pass | 85 | 0 | 18 | | 2026-02-12 | House | Third Reading in House of Origin | pass | 98 | 0 | 5 | ## Actions (17) - 2026-04-17: Enacted (House) - 2026-04-08: Signature Requested (Senate) - 2026-04-08: Delivered to Governor (House) - 2026-04-07: Third Reading in Second House (Senate) - 2026-04-07: Motion to Read a Third Time and Pass - Adopted Roll Call 1219 (Senate) - 2026-04-07: Ready to Enroll (House) - 2026-04-07: Enrolled (House) - 2026-02-25: Reported Out of Committee Second House (Senate) - 2026-02-25: Read for the Second Time and placed on the Calendar (Senate) - 2026-02-12: Third Reading in House of Origin (House) - 2026-02-12: Motion to Read a Third Time and Pass - Adopted Roll Call 395 (House) - 2026-02-12: Read for the first time and referred to the Senate Committee on Finance and Taxation Education (Senate) - 2026-02-12: Pending Committee Action in Second House (Senate) - 2026-01-29: Read for the Second Time and placed on the Calendar (House) - 2026-01-28: Reported Out of Committee House of Origin (House) - 2026-01-15: Read for the first time and referred to the House Committee on Ways and Means Education (House) - 2026-01-15: Pending Committee Action in House of Origin (House) ## Bill text - As Introduced: [PDF](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2026RS/HB250-int.pdf) - Enrolled: [PDF](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2026RS/HB250-enr.pdf) ## Related bills - HB67: Voter Information; limit cost of reproducing voter registration list; crime for misuse of personal voter information; created (enacted) - SB154: State employees, cost-of-living increase for fiscal year beginning October 1, 2026 (enacted) - SB165: Elections; municipal elections, to set qualification fee amounts, to require indigent candidates to submit documentation for fee exemption (enacted) - HB317: Firefighter distinctive license plate; fire chaplains included, penalty for violations provided for (enacted) - SB272: Open Records; use of public records relating to schools for certain solicitation purposes prohibited; redaction of certain information relating to financial tr… (enacted) - SB190: Sales Tax; to exempt Precision Ocular (enacted) ## Sources - [As Introduced (PDF)](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2026RS/HB250-int.pdf) - [Enrolled (PDF)](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2026RS/HB250-enr.pdf) ## Related - [HB67: Voter Information; limit cost of reproducing voter registration list; crime for…](https://policyrisk.com/state-bill/AL-HB67-2026rs) - [SB154: State employees, cost-of-living increase for fiscal year beginning October 1, 2…](https://policyrisk.com/state-bill/AL-SB154-2026rs) - [SB165: Elections; municipal elections, to set qualification fee amounts, to require in…](https://policyrisk.com/state-bill/AL-SB165-2026rs) - [HB317: Firefighter distinctive license plate; fire chaplains included, penalty for vio…](https://policyrisk.com/state-bill/AL-HB317-2026rs) - [SB272: Open Records; use of public records relating to schools for certain solicitatio…](https://policyrisk.com/state-bill/AL-SB272-2026rs) - [SB190: Sales Tax; to exempt Precision Ocular](https://policyrisk.com/state-bill/AL-SB190-2026rs) - [Alabama bills](https://policyrisk.com/states/alabama/bills) - [Alabama state hub](https://policyrisk.com/states/alabama) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/AL-HB250-2026rs (as of 2026-10-16).