Income Taxes; to make technical changes to the funding provisions of the CHOOSE Act credits and increase funding, and to extend the sunset date for deductions for ABLE contributions.

HB 52 extends Alabama's tax deduction for contributions to ABLE savings accounts (for people with disabilities) from expiring in 2025 to December 31, 2030. It also increases annual funding for the CHOOSE Act, which provides education tax credits for low-income families, raising the annual deposit from $100 million to $150 million. The bill makes technical adjustments to the funding process, including allowing additional funds if program demand reaches 90% usage. These changes directly affect Alabama taxpayers who contribute to ABLE accounts or use CHOOSE Act credits for education expenses.