40-20-50
Section 40-20-50 Collection of severance taxes; deposit into fund; distribution of investment
income; trustees; escrow agents; limitations. Any laws or parts of laws to the contrary notwithstanding,
any annual privilege tax levied upon persons engaging in the business of producing or severing
oil or gas or other hydrocarbons from the soil or waters of this state measured by the gross
value of such oil or gas or other hydrocarbons and which tax is applicable only in a particular
county and under which collections were being made on January 1, 1987, or which shall hereafter
be levied pursuant to legislative act, shall be continued and collected only as herein prescribed:
(1) All revenues collected from such local severance taxes shall, beginning the first day
of the month following August 3, 1987, be paid into the general fund of the county exclusively
for transfer and deposit into a trust fund hereby established until the total sum of $15,000,000
in severance tax revenues of the type...
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38-10-51
Section 38-10-51 Trust fund established. The finance director of the State of Alabama shall
establish a separate account for deposit of donations to the foster care trust fund, the proceeds
of which shall be available to the Department of Human Resources for the purpose of assisting
children in its custody. (Acts 1990, No. 90-385, p. 527, §2.)...
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40-18-156
Section 40-18-156 Alabama Veterinary Medical Foundation for the Spay-Neuter Program. (a) Each
Alabama state individual income tax return form for the 2012 tax year and each year thereafter
shall contain a designation which allows each individual taxpayer to designate a contribution
to the Alabama Veterinary Medical Foundation for the Spay-Neuter Program. (b) The Department
of Revenue shall determine annually the total amount designated pursuant to subsection (a)
for the foundation and shall deposit such amount, less costs of administration not to exceed
five percent of revenue produced, to the Alabama Veterinary Medical Foundation. (c) The Commissioner
of the Department of Revenue is hereby authorized to prescribe and implement such forms, rules,
and regulations as shall be necessary to implement and administer the provisions of this section.
(Act 2012-305, p. 667, §1.)...
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41-6-53
Section 41-6-53 Gifts deemed gifts to state; deduction of amount of gift for income tax purposes.
Every gift to the Department of Archives and History payable into the fund, whether or not
the use thereof is prescribed by the donor or the gift is designated as a memorial to a specified
person, shall be deemed a gift to the State of Alabama. The donor in computing his net income
for state income tax purposes for the year in which he makes the gift may deduct the amount
of the gift from his gross income as authorized in Section 40-18-15. (Acts 1967, No. 522,
p. 1252, §4.)...
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2-2-93
Section 2-2-93 Contributions to the Alternative Fuel Research and Development Fund. Pursuant
to subsection (a) of Section 40-18-140, each individual taxpayer required to file a state
tax return desiring to contribute to the Alternative Fuel Research and Development Fund, may
designate, by placing an "X" in the appropriate box on the state income tax form,
that the contribution be made to the fund. Contributions to the fund shall be used by the
center to promote, develop, and raise awareness about alternative fuels. (Act 2007-452, p.
935, §4.)...
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40-29-130
Section 40-29-130 Reduction of identity theft related refund fraud. The Department of Revenue,
with assistance and support from other state offices and agencies that participate in the
income tax refund process, is authorized and instructed to pursue all reasonable options available
to it in order to reduce identity theft related refund fraud. The department and other assisting
state offices and agencies are authorized to incur all reasonable costs associated in combating
refund fraud, to partner with other state, federal, and private sectors in various programs
and projects designed to reduce or eliminate refund fraud, and to compensate or reimburse
the partners in these programs for the reasonable costs incurred in carrying out these programs.
(Act 2017-227, §1.)...
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41-23-193
Section 41-23-193 Creations; functions; fee. (a) The Alabama Public Transportation Trust Fund
is created in the State Treasury for the distribution of designated funds appropriated by
the Legislature or collected from grants or other sources for the purpose of increasing public
transportation options across the State of Alabama. The trust fund shall be maintained and
administered by the department. (b) The department shall do all of the following in maintaining
and administering the trust fund: (1) Invest and reinvest all money held in the trust fund
in investments under the department's investment policies. (2) Keep books and records relating
to the investment, interest earnings, and uses of monies deposited into the trust fund. (3)
Establish procedures for the withdrawal, allocation, and use of the monies held in the trust
fund for the purposes described in Section 41-23-194. (4) Publish, on an annual basis, criteria
for determining the distribution of monies from the trust fund. (5)...
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45-2-245.20
Section 45-2-245.20 Trust fund established; administration. (a) Any laws or parts of laws to
the contrary notwithstanding, any annual privilege tax levied upon persons engaging in the
business of producing or severing oil or gas or other hydrocarbons from the soil or waters
of Baldwin County measured by the gross value of such oil or gas or other hydrocarbons and
which tax is applicable only in Baldwin County and under which collections were being made
on January 1, 1987, shall be continued and collected only as herein prescribed. (1) All revenues
collected from such local severance taxes, shall, beginning the first day of the month following
May 19, 1989, be paid into the general fund of the county exclusively for transfer and deposit
into the trust fund hereby established until the total sum of fifteen million dollars ($15,000,000)
in severance tax revenues of the type described in this section, excluding any interest income
on amounts deposited therein from such total sum, has been...
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16-61-2
Section 16-61-2 Establishment; administration; funding. There is hereby established the Alabama
Trust Fund for Eminent Scholars to provide challenge grants to the public state universities
in Alabama named in Section 16-61-1. The trust fund shall be administered by the Alabama Commission
on Higher Education in accordance with the guidelines as set forth in this chapter. The Legislature
shall designate funds to be transferred to the trust fund from the Education Trust Fund. All
appropriated funds deposited into the trust fund shall be invested by the Alabama Commission
on Higher Education pursuant to the provisions of Section 16-13-2. Interest income accruing
to that portion of the trust fund not matched shall increase the total funds available for
challenge grants. (Acts 1985, No. 85-759, p. 1265, §2.)...
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40-18-39
Section 40-18-39 Corporate returns. (a) Except as provided in subsection (c), every corporation,
joint stock company, or association subject to income tax under this chapter shall file a
return with the Department of Revenue for each taxable year, stating specifically the items
of its gross income and the deductions and credits allowed by this chapter. In cases where
receivers, trustees in bankruptcy, or assignees are operating the property or business of
corporations, such receivers, trustees, or assignees shall file returns for such corporations
in the same manner and form as corporations are required to file returns. Any tax due on the
basis of such returns filed by receivers, trustees, or assignees shall be collected in the
same manner as if collected from the corporations of whose business or property they have
custody and control. Returns shall be filed by the same date as the corresponding federal
income tax returns are required to be filed as provided under federal law. The...
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