45-49A-60
Section 45-49A-60 Retirement benefits. (a) This section shall apply to any municipality in
the State of Alabama having a population, according to the latest federal census, between
175,000 and 225,000 persons. (b) Any elected official of any such municipality who previously
has served, or who is presently serving, or who in the future may serve as such elected official,
and serves for a period of not less than 12 years, shall be paid a retirement benefit equal
to 30 percent of the average compensation he or she received as a salary during the five highest
paid years which he or she served as such elected official, which benefit shall be payable
monthly. (c) Any elected official of any such municipality who previously has served, or who
is presently serving, or who in the future may serve as such elected official, and serves
for a period of not less than 16 years, shall be paid a retirement benefit equal to 40 percent
of the average compensation he or she received as a salary during the...
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45-37A-51.237
Section 45-37A-51.237 Payment of benefits during period of reemployment. (a) Anything herein
to the contrary notwithstanding and except as provided in subsection (b), no retirement benefits
of whatever kind or description shall be payable to any former participant for any period
during which the former participant is employed by the city, is due a salary from the city,
or has been paid a salary by the city, except persons elected by the people to serve the city
shall have the option of continuing to receive either retirement benefits or the compensation
for the office to which that person is elected, or that person may choose to receive both
such benefits and compensation. (b)(1) For the purposes of this section, "retired public
safety officer" means a retired law enforcement officer who was employed by the city
or a retired firefighter who was employed by the city. (2) Notwithstanding subsection (a),
a retired public safety officer who was employed by the city may be subsequently...
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16-25A-1
Section 16-25A-1 Definitions. When used in this article, the following terms shall have the
following meanings, respectively, unless the context clearly indicates otherwise: (1) EMPLOYEE.
Any person covered by the Public Education Employees' Health Insurance Plan pursuant to Section
16-25A-11 or person who is employed full-time in any public institution of education within
the State of Alabama which provides instruction at any combination of grades K through 14,
exclusively, under the auspices of the State Board of Education or the Alabama Institute for
Deaf and Blind; provided, any person employed part-time by any public institution of education
within the State of Alabama which provides instruction at any combination of grades K through
14, exclusively, under the auspices of the State Board of Education or the Alabama Institute
for Deaf and Blind, shall be included in the definition of employee if such person shall agree
to have deducted from his or her compensation a pro rata...
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36-21-3
Section 36-21-3 Lump-sum payments for service of state, etc., law enforcement officers, etc.
(a) Each law enforcement officer and all police communications officers employed by the State
of Alabama, including law enforcement officers of the Department of Industrial Relations and
the Department of Revenue, and including State Fire Marshals, shall be entitled to and receive
in a lump sum the first pay period of December each year the sum of $300.00 per annum after
said employee has total service for a period of five years and shall receive said payment
until the tenth year of service, at which time the payment shall be made in a like manner
and at a like time but in the amount of $400.00 per annum until the fifteenth year of service,
at which time the payment shall be made in a like manner and at a like time but in the amount
of $500.00 per annum until the twentieth year of service, at which time the payment shall
be made in a like manner and at a like time but in the amount of $600.00...
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36-27-25
Section 36-27-25 Funds for assets of retirement system - Management. (a) The Board of Control
shall be the trustees of the several funds of the Employees' Retirement System created by
this article as provided in Section 36-27-24 and shall have full power to invest and reinvest
the funds, through its Secretary-Treasurer in the classes of bonds, mortgages, common and
preferred stocks, shares of investment companies or mutual funds, or other investments as
the Board of Control may approve, with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character and with like
aims. Subject to like terms, conditions, limitations and restrictions, the Board of Control,
through its Secretary-Treasurer, shall have full power to hold, purchase, sell, assign, transfer,
and dispose of any investments in which the funds created in Section...
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36-6-11
Section 36-6-11 Longevity pay. (a) Each person employed by the State of Alabama, and all legislative
personnel, officers, or employees, including but not limited to Legislative Reference Service
personnel, whether subject to the state Merit System or not, shall be entitled to and receive
in a lump sum the first payday of December each year the sum of three hundred dollars ($300)
per annum after such employee has served for a total period of five years and shall receive
the payment until the tenth year of total service, at which time the payment shall be made
in a like manner and at a like time but in the amount of four hundred dollars ($400) per annum
until the fifteenth year of total service, at which time the payment shall be made in a like
manner and at a like time but in the amount of five hundred dollars ($500) per annum until
the twentieth year of total service, at which time the payment shall be made in a like manner
and at a like time but in the amount of six hundred dollars...
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45-37-121.16
Section 45-37-121.16 Leave of absence. (a) All permanent employees who have held regular full-time
positions under the jurisdiction of this section for one year and less than 12 years, shall
be allowed an annual vacation with pay at the rate of one work day per month of service not
to exceed 12 work days vacation; regular full-time employees with 12 years to 25 years full-time
service shall be allowed an annual vacation with pay at the rate of one and one-half work
days per month of service not to exceed 18 days vacation per year; and regular full-time employees
with 25 years service or more shall be allowed two work days for each month of service not
to exceed 24 days vacation with pay per year. Such vacation allowance shall be cumulative,
not to exceed 40 work days. For the purpose of computing vacation allowance sick leave, each
period of seven days, excluding holidays, shall be considered as containing five work days,
irrespective of the number of days the employee would normally...
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16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature finds
that the number of students attending the several school systems located in those areas of
North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
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40-9F-33
Section 40-9F-33 Limitations on tax credits; Historic Income Tax Credit Account; transfer or
assignment of tax credits. (a) The state portion of any tax credit against the tax imposed
by Chapter 18 for the taxable year in which the certified rehabilitation is placed in service,
shall be equal to 25 percent of the qualified rehabilitation expenditures for certified historic
structures. No tax credit claimed for any certified rehabilitation may exceed five million
dollars ($5,000,000) for all allowable property types except a certified historic residential
structure, and fifty thousand dollars ($50,000) for a certified historic residential structure.
(b) There is created within the Education Trust Fund a separate account named the Historic
Preservation Income Tax Credit Account. The Commissioner of Revenue shall certify to the Comptroller
the amount of income tax credits under this section and the Comptroller shall transfer into
the Historic Preservation Income Tax Credit Account only...
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40-9F-4
Section 40-9F-4 Tax credits calculated, claimed, reserved, granted; transfer or assignment
of tax credits. (a) The state portion of any tax credit against the tax imposed by Chapters
16 and 18, for the taxable year in which the certified rehabilitation is placed in service,
shall be equal to 25 percent of the qualified rehabilitation expenditures for certified historic
structures, and shall be 10 percent of the qualified rehabilitation expenditures for qualified
pre-1936 non-historic structures. No tax credit claimed for any certified rehabilitation may
exceed five million dollars ($5,000,000) for all allowable property types except a certified
historic residential structure, and fifty thousand dollars ($50,000) for a certified historic
residential structure. (b) The entire tax credit may be claimed by the taxpayer in the taxable
year in which the certified rehabilitation is placed in service. Where the taxes owed by the
taxpayer are less than the tax credit, the taxpayer shall not be...
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