|
40-18-15
Section 40-18-15 Deductions for individuals generally. (a) No deduction shall be allowed
for any losses, expenses, or interest deferred or disallowed pursuant to 26 U.S.C. § 267
or for any cost required to be capitalized in accordance with 26 U.S.C. § 263A; otherwise,
there shall be allowed as deductions: (1) All ordinary and necessary expenses paid or incurred
during the taxable year in carrying on any trade or business, as determined in accordance
with 26 U.S.C. § 162. (2) Interest paid or accrued within the taxable year on indebtedness,
limited to the amount allowable as an interest deduction for federal income tax purposes in
the corresponding tax year or period pursuant to the provisions of 26 U.S.C. §§ 163, 264,
and 265. (3) The following taxes paid or accrued within the taxable year: a. Income taxes,
Federal Insurance Contribution Act taxes, taxes on self-employment income and estate and gift
taxes imposed by authority of the United States or any possession of the United...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-18-15.htm - 18K - Match Info - Similar pages
41-10-44.3
Section 41-10-44.3 Additional powers of authority. In addition to the powers granted
to it in Section 41-10-26 and in Sections 41-10-37 through 41-10-43, the authority
shall have the following powers: (1) To adopt and alter bylaws for the regulation and conduct
of its affairs and business; (2) To borrow money and to issue project obligations, whether
or not the interest thereon is excluded from gross income for federal income tax purposes,
for the purpose of financing project costs, and to provide for the rights of the purchasers,
holders or owners of its project obligations; (3) To execute and deliver mortgages, security
agreements and trust indentures and other forms of agreements for the purpose of securing
its project obligations, and in connection therewith, to mortgage, pledge or assign the revenues,
receipts and other property of the authority received, and the financing agreements entered
into by the authority in connection with, the financing of projects under this Article 2A;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-44.3.htm - 5K - Match Info - Similar pages
41-10-44.8
Section 41-10-44.8 Tax credits, job development fees and other incentives. (a) Upon
the issuance by the authority of its project obligations for the purpose of financing a project
for an approved company with respect to which the authority adopted a resolution accepting
the project prior to January 16, 1995, the approved company: (1) Shall receive a credit against
the corporate income tax levied by Section 40-18-31 that otherwise would be owed to
the state in any year by the approved company on its income generated by or arising out of
the project, such credit not to exceed the lesser of (i) the amount due in tax, or (ii) the
amount paid by the approved company pursuant to a financing agreement in the year for which
the tax is due, corresponding to debt service on the project obligations; and (2) May elect
to withhold and retain the aggregate job development fees described in paragraph (b) below,
but only to the extent that debt service payments under the financing agreement(s) exceed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-44.8.htm - 7K - Match Info - Similar pages
41-13-7
Section 41-13-7 Identifying information of state employees on records available for
public inspection. (a) As used in this section, the following terms shall have the
following meanings: (1) EMPLOYEE. Any person who is regularly employed by the state and who
is subject to the provisions of the state Merit System or any person who is regularly employed
by a criminal justice agency or entity or by a law enforcement agency within the state or
any honorably retired employee thereof, to include, but not be limited to, the following:
A judge of any position, including a judge of a municipal court; a district attorney; a deputy
district attorney; an assistant district attorney; an investigator employed by a district
attorney; an attorney, investigator, or special agent of the Office of the Attorney General;
a sheriff; a deputy sheriff; a jailor; or a law enforcement officer of a county, municipality,
the state, or special district, provided the law enforcement officer is certified by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-13-7.htm - 4K - Match Info - Similar pages
41-14A-2
Section 41-14A-2 Definitions. As used in this chapter, the following words and terms
shall have the following meanings: (1) AVERAGE MONTHLY BALANCE OF PUBLIC DEPOSITS. The sum
of the average daily balances of public deposits, meaning the net average daily balances of
public deposits determined without any deduction for deposit insurance, for the reported month
and the 11 months preceding that month, divided by 12. (2) BOARD OF DIRECTORS or BOARD. The
Board of Directors of the SAFE Program established under Section 41-14A-6. The board
of directors shall consist of eight members. (3) COLLATERAL-PLEDGING LEVEL or COLLATERAL-PLEDGING
REQUIREMENT. The percentage or percentages of collateral, in relation to one or more levels
of public deposits held, required to be pledged by a qualified public depository as determined
in accordance with the provisions of this chapter or rules or orders of the board adopted
pursuant to this chapter. (4) COVERED PUBLIC ENTITY. The state and its political...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-14A-2.htm - 8K - Match Info - Similar pages
41-15B-2
Section 41-15B-2 Children First Trust Fund. (a) There is established a special fund
in the State Treasury to be known as the Children First Trust Fund. (b) The existence of the
fund is contingent upon the receipt by the state of tobacco revenues. (c) The fund shall consist
of tobacco revenues and any appropriations or revenues received from any other source. The
amounts provided for in Section 41-15B-2.1 shall be deposited into the fund from tobacco
revenues with the remainder of the tobacco revenues being distributed as provided in Division
1, Article 17, Chapter 10 of this title. (d) The council shall keep detailed permanent records
of all expenditures and distributions from the fund and shall file a monthly written report
of all transactions, and any other information requested, with the permanent Joint Legislative
Oversight Committee of the Children First Trust Fund. (e) The council shall prepare an annual
report to the Governor and the Legislature detailing the expenditures and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-15B-2.htm - 6K - Match Info - Similar pages
5-18A-13
Section 5-18A-13 Duties of licensee. (a) A licensee may not knowingly enter into a deferred
presentment transaction with a customer that has outstanding deferred presentment transactions
from any lender at any location that exceeds five hundred dollars ($500) for the term of the
loan. (b) Before a licensee shall present for payment or deposit a check or debit authorization
accepted by the licensee, the check shall be endorsed with the actual name under which the
licensee is doing business. (c) Any agreement for a deferred presentment transaction shall
be in writing and signed by the checking account holder. The customer in a deferred presentment
contract shall have the right to redeem the check or debit authorization from the licensee
before the agreed date of deposit upon payment to the licensee of the amount of the contract.
A licensee shall not defer presentment of any personal check or debit authorization for less
than 10 days nor more than 31 calendar days after the date of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-18A-13.htm - 6K - Match Info - Similar pages
9-8A-1
Section 9-8A-1 Definitions. The following words and phrases used in this chapter, and
others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, have the following respective meanings: (1) ALLOCATED FUNDS. That portion
of the funds appropriated to the commission that are allocated by the commission to the soil
and water conservation district in each county of the state. (2) AUTHORIZED INVESTMENTS. Bonds
or other obligations of, or guaranteed by, the United States of America or the state, or interest
bearing bank and savings and loan association deposits or obligations, obligations of any
agency of the United States of America, any obligations in which a state chartered savings
and loan association may invest its funds, any agreement to repurchase any of the foregoing,
or any thereof. (3) COMMISSION. The Alabama Agricultural and Conservation Development Commission
organized pursuant to the provisions of the Constitution of Alabama...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-8A-1.htm - 4K - Match Info - Similar pages
12-23A-10
Section 12-23A-10 Collection and maintenance of information; fees, costs, and restitution;
annual audit. (a) A drug court shall collect and maintain the following information for each
drug offender that is considered for admission or admitted into drug court: (1) Prior criminal
history. (2) Prior substance abuse treatment history, including information on the success
or failure of the drug offender in those programs. (3) Employment, education, and income histories.
(4) Gender, race, ethnicity, marital and family status, and any child custody and support
obligations. (5)a. Instances of recidivism occurring after successful completion of drug court.
Recidivism shall be measured at a period of three years after successful graduation. b. Instances
of recidivism occurring after a drug offender's termination in drug court for a period of
three years from release into the community. (6) The drug of choice and the estimated daily
financial cost to the drug offender at the time of entry into...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-23A-10.htm - 4K - Match Info - Similar pages
22-27-10
Section 22-27-10 Control of unauthorized dumping; open burning; construction with other
rights and remedies. (a) Solid waste shall be collected, transported, disposed, managed, or
any combination thereof, according to the requirements of this article, and the rules of the
department or the health department, as authorized by this article, and if disposed of in
this state, shall be disposed in a permitted landfill or permitted incineration, or reduced
in volume through composting, materials recovery, or other existing or future means approved
by and according to the requirements of the department, under authorities granted by this
article. (b) The creation, contribution to, or operation of an unauthorized dump is declared
to be a public nuisance per se, a menace to public health, and a violation of this article.
In addition to other remedies which are available, an unauthorized dump may be enjoined through
an action in the circuit court having jurisdiction over the property in which the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-27-10.htm - 5K - Match Info - Similar pages
|