Ala. Democrats Propose Speedier Tax Refunds
Montgomery, AL – Two Democratic legislators from Cullman want to make sure Alabamians get their tax refunds quicker next year.
State. Sen. Zeb Little and Rep. James Fields say they will introduce legislation that will require the state Revenue Department to pay a tax refund within 30 days of receiving a tax return.
Currently, the department has 90 days after the income tax filing deadline on April 15. The department had to delay thousands of this year's tax refunds until mid-July because of the state's cash-flow problems.
Little says it's outrageous that Alabama families had to wait to get their money back in the middle of a recession.
Currently, the Revenue Department pays 4 percent interest on a tardy refund. The legislation would change that to 12 percent.
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