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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...
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23-1-177
Section 23-1-177 Bonds - Generally. (a) The bonds of the corporation shall be signed
by its president and attested by its secretary, and the seal of the corporation shall be affixed
thereto or printed or otherwise reproduced thereon; provided, that a facsimile of the signature
of one, but not both, of the officers may be printed or otherwise reproduced on any such bonds
in lieu of his or her signing the same. (b) Any bonds of the corporation may be executed and
delivered by it at any time and from time to time, shall be in such form and denominations
and of such tenor and maturities, shall bear such rate or rates of interest payable and evidenced
in such manner, may contain provisions for redemption prior to maturity, and may contain such
other provisions not inconsistent with this article, all as may be provided by the resolution
of the board of directors under which such bonds are authorized to be issued; provided, that
no bond of the corporation shall have a specified maturity date...
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37-11-1
Section 37-11-1 Execution and text of compact. The Governor, on behalf of this state,
is hereby authorized to execute a compact in substantially the following form with the states
of Louisiana and Mississippi, and the legislature hereby signifies in advance its approval
and ratification of such compact, which compact is as follows: Southern High-Speed Rail Commission.
Article I. The purpose of this compact is to study the feasibility of rapid rail transit service
between the states of Mississippi, Louisiana and Alabama and to establish a joint interstate
commission to assist in this effort. Article II. This compact shall become effective immediately
as to the states ratifying it whenever the states of Mississippi, Louisiana and Alabama have
ratified it and Congress has given consent thereto. Any state not mentioned in this article
which is contiguous with any member state may become a party to this compact, subject to approval
by the legislature of each of the member states. Article...
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4-3-47
Section 4-3-47 Powers of authority generally. The authority shall have the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To have succession by its corporate name for the duration of time (which
may be in perpetuity) specified in its certificate of incorporation; (2) To sue and be sued
in its own name in civil actions, excepting actions in tort against the authority; (3) To
adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt and
alter bylaws for the regulation and conduct of its affairs and business; (5) To acquire, receive,
take and hold, whether by purchase, option to purchase, gift, lease, devise or otherwise,
property of every description, whether real, personal or mixed, whether in one or more counties
and whether within or without the corporate limits of any authorizing subdivision, and to
manage said property and to develop any property and to sell, exchange, lease or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-47.htm - 16K - Match Info - Similar pages
45-26-130
Section 45-26-130 Appointment and employment; duties; compensation; equipment and facilities.
(a) This section shall apply only in Elmore County. (b) The Elmore County Commission
shall appoint and employ a county engineer or chief engineer, who shall be a thoroughly qualified
and competent professional engineer. The county engineer or chief engineer shall possess all
of the qualifications as specified for county engineers or chief engineers under the general
laws of the State of Alabama. The county engineer or chief engineer shall be responsible for
the maintenance and construction of the public roads, bridges, and ferries in the county and
shall perform other duties related to his or her appointment as may be assigned by the county
commission. The county engineer or chief engineer shall serve at the pleasure of the county
commission. (c) It shall be the duty of the county engineer or chief engineer to carry out
the following as determined by the county commission: (1) Employ,...
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11-32-7
Section 11-32-7 Powers of authority. (a) The authority shall exercise powers and duties
necessary to the discharge of its powers and duties in corporate form as follows: (1) Have
succession by its corporate name in perpetuity subject to Section 11-32-20. (2) Sue
and be sued in its own name in civil suits and actions and defend suits against it. (3) Adopt
and make use of a corporate seal and alter the same at its pleasure. (4) Adopt and alter bylaws
for the regulation and conduct of its affairs and business. (5) Acquire, receive, take, by
purchase, gift, lease, devise, or otherwise, and hold property of every description, real,
personal, or mixed, whether located in one or more counties or municipalities and whether
located within or outside the authorizing county. (6) Make, enter into, and execute contracts,
agreements, leases, and other instruments and take other actions as may be necessary or convenient
to accomplish any purpose for which the authority was organized, or exercise any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-32-7.htm - 14K - Match Info - Similar pages
22-27-5
Section 22-27-5 Authority of localities to establish charges, fees, etc., and enter
into mutual agreements or contracts; approval of department; licensing of private or corporate
agencies; permits and bonds; nonpayment of fees, etc. (a) Fees, etc.; mutual agreements or
contracts. The county commission or municipality undertaking the responsibility for providing
services to the public under this article may establish fees, charges and rates and may collect
and disburse funds within cooperating areas or districts, inside or outside the corporate
limits of municipalities or inside or outside of county boundaries, for the specific purpose
of administering this article and providing and operating a solid waste program. Also, said
county commission or public authority may enter into mutual agreements or contracts with the
government bodies of other counties, municipalities, corporations or individuals, where deemed
to be mutually economical and feasible, to jointly or individually collect,...
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39-2-2
Section 39-2-2 Advertisement for and opening of sealed bids for public works contracts;
violations; exclusions; emergency actions; sole source specification. (a) Before entering
into any contract for a public works involving an amount in excess of fifty thousand dollars
($50,000), the awarding authority shall advertise for sealed bids, except as provided in subsection
(j). If the awarding authority is the state or a county, or an instrumentality thereof, it
shall advertise for sealed bids at least once each week for three consecutive weeks in a newspaper
of general circulation in the county or counties in which the improvement or some part thereof,
is to be made. If the awarding authority is a municipality, or an instrumentality thereof,
it shall advertise for sealed bids at least once in a newspaper of general circulation published
in the municipality where the awarding authority is located. If no newspaper is published
in the municipality, the awarding authority shall advertise by...
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45-8-242
Section 45-8-242 Levy of tax; advisory referendum; collection of tax; disposition of
funds. (a) This section shall only apply to Calhoun County. (b) As used in this section,
state sales and use tax means the tax imposed by the state sales and use tax statutes, including,
but not limited to, Sections 40-23-1, 40-23-2, 40-23-4, 40-23-60, 40-23-61, 40-23-62, and
40-23-63. (c)(1) The County Commission of Calhoun County may levy in the police jurisdictions
of the incorporated municipalities in the county and in the unincorporated areas of the county,
in addition to all other taxes a sales and use tax, parallel to the state sales and use tax,
of up to two percent of the gross sales, gross receipts, or the fair and reasonable market
value of tangible personal property, as appropriate, except where a different rate is provided
herein. Notwithstanding any other part or provision of this section, no additional
tax levied by this section shall be levied or collected on the sale, storage, use,
or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8-242.htm - 11K - Match Info - Similar pages
29-9-4
Section 29-9-4 Education Trust Fund Budget Stabilization Fund; Education Trust Fund
Advancement and Technology Fund. There is hereby created in the State Treasury an Education
Trust Fund Budget Stabilization Fund and an Education Trust Fund Advancement and Technology
Fund. Any monetary interest which accrues in the Education Trust Fund Budget Stabilization
Fund shall be retained in the fund from year to year and shall be subject only to the provisions
of this chapter. On or before November 15 of each fiscal year, if the total revenues deposited
into the Education Trust Fund during the immediately preceding fiscal year exceed the fiscal
year appropriation cap for the immediately preceding fiscal year, the excess shall be transferred
to the Education Trust Fund Rainy Day Account until the account has been repaid in full. If
the account has been repaid in full, any excess remaining shall be transferred to the Education
Trust Fund Budget Stabilization Fund and the Education Trust Fund...
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