Alabama to Exempt Overtime Compensation from State Income Tax

 On November 9, 2023, Alabama Governor Kay Ivey signed into law a bill that beginning on January 1, 2024, will make compensation received by full-time hourly wage-paid employees for overtime work performed in excess of 40 hours in a workweek exempt from Alabama state income tax.

Source: Ogletree Deakins, reported on December 18, 2023