Alabama Government Trying To Find ‘Competitive Advantage’ For Tide
By Cody McClure
An Alabama state representative is trying to find a way to give the Crimson Tide a “competitive advantage.”
A new bill proposed in the House would cut taxes on players’ NIL earnings.
It could aid the recruiting and roster management efforts of Kalen DeBoer, says 247Sports.
State representative Joe Lovvorn is apparently looking to create a “competitive edge” for athletes in Alabama by making their NIL earnings exempt from the Alabama individual income tax.
The bill could go into effect on October 1 if it is signed into law.
“The bills would theoretically level the playing field when it comes to colleges in states that don't have individual income tax like Florida and Texas.”
Interesting loophole. It’s a BIG business these days.