41-29-503
Section 41-29-503 Authorization to make grants of money. (a) The authority is hereby authorized to make grants of money derived from the sale of its bonds, to grantees for use by the grantees for any one or more of the following purposes: (1) The making of surveys to determine the location of suitable project sites in the locality of the grantee. (2) The making of surveys to determine the availability of labor in the locality of the grantee and to classify such labor in terms of skills and educational level. (3) The preparation of project sites. (4) Any combination of any of the foregoing which the grantees consider appropriate and necessary for the promotion of industrial development in their respective localities. (b) Provided, however, that 20 percent of the grant funds shall be expended specifically in rural areas of the state and/or areas with high unemployment and low personal income levels. The Director of the State Industrial Development Authority shall report annually to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-29-503.htm - 4K - Match Info - Similar pages
45-8-22.01
Section 45-8-22.01 Legislative intent; disposition of funds. (a) The Legislature of Alabama finds and declares that it is the intent of the Legislature that the provisions of this section clarify but not change existing law and supplement existing law, by clarifying and showing the intent of the Legislature in, but not changing, Act 2001-361, 2001 Regular Session, and supplementing Act 2001-361, 2001 Regular Session, concerning the distribution of the proceeds of the Calhoun County portion of the levelized excise tax on beer levied pursuant to Chapter 3 of Title 28. (b) The Calhoun County portion of the proceeds of the levelized state excise tax on beer levied pursuant to Chapter 3 of Title 28, shall be collected by the Calhoun County Judge of Probate and paid to the Calhoun County Commission. All of the tax proceeds shall be distributed by the Calhoun County Commission as follows: (1) The first one thousand five hundred dollars ($1,500) of the proceeds each month shall be deposited in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8-22.01.htm - 4K - Match Info - Similar pages
16-44-1
Section 16-44-1 Governor authorized to enter into compact; form of compact. The Governor of the State of Alabama is hereby authorized to enter into the compact for education in the form substantially as follows: COMPACT FOR EDUCATION Article I. Purpose and Policy. A. It is the purpose of this compact to: 1. Establish and maintain close cooperation and understanding among executive, legislative, professional education and lay leadership on a nationwide basis at the state and local levels. 2. Provide a forum for the discussion, development, crystallization and recommendation of public policy alternatives in the field of education. 3. Provide a clearinghouse of information on matters relating to educational problems and how they are being met in different places throughout the nation. 4. Facilitate the improvement of state and local educational systems. B. It is the policy of this compact to encourage and promote local and state initiative in the development, maintenance, improvement and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-44-1.htm - 17K - Match Info - Similar pages
22-5B-5
Section 22-5B-5 Alabama Lifespan Respite Coalition. (a) There is created the Alabama Lifespan Respite Coalition composed of members who shall be culturally, economically, and geographically diverse and representative of the state demographics and appointed by the Governor or his or her designee. The membership may include, but is not limited to, the following: (1) The Chair of the House Ways and Means Committee on Education. (2) The Chair of the Senate Judiciary Committee. (3) The Chair of the House of Representatives Health Committee. (4) The Chair of the Senate Health Committee. (5) A member from the Governor's Office on Disability. (6) A member from the Department of Senior Services. (7) A member from the Department of Medicaid. (8) A member from the Department of Rehabilitation Services. (9) A member from the Department of Human Resources. (10) A member from the Alabama Health Department. (11) A member from the Department of Child Abuse and Neglect Prevention. (12) A member from...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-5B-5.htm - 3K - Match Info - Similar pages
25-4-40.1
Section 25-4-40.1 Employment Security Enhancement Fund. (a) Retroactive to April 1, 1992, there is hereby placed upon all wages so defined in Section 25-4-16, paid to employees by employers subject to pay contributions as provided in Sections 25-4-51 and 25-4-54, except as is hereinafter provided in this section, a special assessment of 0.06 percent (six one-hundredths of one percent) of such wages. This assessment shall not apply to wages paid during any calendar quarter of any calendar year by any employer whose rate of contribution has been computed under the provisions of Section 25-4-54 to be at least 5.40 percent but not more than 5.45 percent for such calendar year, to any employer who for such calendar year has elected to make payments in lieu of contributions pursuant to Section 25-4-51, nor to any employer who has not had sufficient unemployment experience to qualify for a rate determination under Section 25-4-54 for such calendar year. (1) Assessments under this section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-4-40.1.htm - 6K - Match Info - Similar pages
40-18-6.1
Section 40-18-6.1 Gain or loss - Special rules for capital gains invested in opportunity zones. (a) The provisions in 26 U.S.C. ยง 1400Z-2 shall be applicable to an investment in an approved opportunity fund in calculating both of the following: (1) The income tax levied by this chapter, or the estimated income tax payment. (2) The financial institution excise tax found in Chapter 16. (b) Any approved opportunity fund may enter into a project agreement with ADECA to provide to the fund's investors impact investment tax credits against any tax liability described in subdivisions (1) and (2) of subsection (a). The impact investment tax credits shall be allocated annually, but only to the extent that one or more projects undertaken by the fund are not producing the returns provided in the project agreement. Provided however, the calculation of the impact investment tax credit does not guarantee a rate of return that is more than the 52-week average yield rate for the United States 10-year...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-18-6.1.htm - 4K - Match Info - Similar pages
41-10-638
Section 41-10-638 Transfers from the special fund. (a) All monies in the special fund in excess of the monies to be retained therein as provided in Section 41-10-629 shall be immediately transferred by the authority as follows: (1) Anything in Act 98-382, now appearing in Sections 41-15B-1 to 41-15B-4, inclusive, to the contrary notwithstanding, tobacco revenues in the following amounts received in each of the following fiscal years by the State of Alabama, beginning in the fiscal year ending September 30, 2000, shall be transferred from the special fund to the Children First Trust Fund to be appropriated by the Legislature, upon the recommendation of the Governor, for programs authorized by the Children First Act: Amount Fiscal Year up to $60,000,000 2000 up to $65,000,000 2001 up to $70,000,000 2002 and each fiscal year thereafter (2) An amount up to $2,000,000 shall be transferred beginning in the fiscal year ending September 30, 2000, and each fiscal year thereafter to the Alabama...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-638.htm - 3K - Match Info - Similar pages
41-15-4
Section 41-15-4 Value for which state property to be insured; annual certification; gap coverage and gap plus coverage; survey of public property; sale or salvage of insured items. (a) All covered property, unless otherwise provided in this section, shall be insured for no more than its replacement cost and shall be insured for no less than 80 percent of its actual cash value. Replacement cost coverage may be provided with an amount of insurance as agreed upon by the proper insuring authority and the risk manager based upon a written statement of values. Replacement cost shall be the cost to repair or replace property with comparable materials of like kind and quality by generally accepted construction methods or technology to serve the same function as the lost or damaged property. No payment for a loss shall exceed the limit of the policy. (b) The officer or person having charge by law of insuring any public building, contents, machinery, and equipment shall annually certify to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-15-4.htm - 6K - Match Info - Similar pages
41-4-83
Section 41-4-83 Form and contents of budget. The budget shall consist of three parts, the nature and contents of which shall be as follows: (1) Part I shall consist of the Governor's budget message, in which he shall set forth: a. His program for meeting all the expenditure needs of the government for each of the budget years, indicating the fund, general or special, from which such expenditures are to be made and the means through which such expenditures are to be financed. b. Financial statements giving in summary form: 1. The condition of the Treasury at the end of the last completed fiscal year, the estimated condition of the Treasury at the end of the fiscal year in progress and the estimated condition of the Treasury at the end of each of the budget years if his budget proposals are to be put into effect. 2. Statements showing the bonded indebtedness of the government, debt authorized and unissued, debt redemption and interest requirements and the condition of the sinking funds,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-4-83.htm - 4K - 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
|