34-14A-20
Section 34-14A-20 Alabama Construction Trade Academy Fund; Alabama Construction Trade Advisory Council; applications for funding; program guidelines. (a) The Alabama Construction Trade Academy Fund is established in the State Treasury. The fund shall be comprised of federal, state, and private funding through direct budgetary funding and grants for the expansion of construction trade education. To the extent practicable, monies in the fund shall be used to leverage other forms of funding from private sources. A percentage of matching funds, as established by the advisory council, must come from private, non-governmental sources. The board may not use more than 15 percent of the monies in the fund for administrative and operational costs incurred in the implementation and administration of this section. (b) The board, in cooperation with public and private sector partners, shall establish a program to provide funding mechanisms for tool grants, program incentives, supplies, mobile...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-14A-20.htm - 7K - Match Info - Similar pages
37-11A-1
by the Governor, or upon its otherwise becoming a law, and when the State of Mississippi ratifies the compact. Article III. For purposes of this compact, the following terms shall have the following meanings: (1) Person means an individual, a corporation, a partnership, or any other entity. (2) Railroad means a common carrier by railroad as defined in Section 1(3) of Part I of the Interstate Commerce Act [codified as 49 U.S.C. §1(3)]. (3) Railroad properties and facilities mean any real or personal property or interest in property which is owned, leased, or otherwise controlled by a railroad or other person, including, without limitation, the authority, and which are used or are useful in rail transportation service, including, without limiting the generality of the foregoing: a. Track, roadbed, and related structures, including rail, ties, ballast, other track materials, grading, tunnels, bridges, trestles, culverts, elevated structures, stations, office buildings used for operating...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
37-11C-4
Section 37-11C-4 Allowance and claim of tax credits; Railroad Rehabilitation Income Tax Credit Account; written transfer agreements. (a) For tax years beginning after December 31, 2019, there is a credit allowed against the state income tax levied by Section 40-18-2 equal to 50 percent of an eligible taxpayer's qualified railroad rehabilitation expenditures. The tax credit allowed under this section may not exceed three thousand five hundred dollars ($3,500) multiplied by the number of miles of railroad track owned or leased within the state by the eligible taxpayer at the close of the taxable year. (b) There is created within the Education Trust Fund a separate account named the Railroad Rehabilitation Income Tax Credit Account. The Commissioner of Revenue shall certify to the state Comptroller the amount of income tax credits under this section and the state Comptroller shall transfer into the Railroad Rehabilitation Income Tax Credit Account only the amount from sales tax revenues...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11C-4.htm - 5K - Match Info - Similar pages
27-31E-2
Section 27-31E-2 Strengthen Alabama Homes Program; grants, funding. (a) There is established within the Department of Insurance, the Strengthen Alabama Homes Program. (b) There is established the Strengthen Alabama Homes Fund within the State Treasury for the use of the department to administer the program. (c) This chapter does not create an entitlement for property owners or obligate the state in any way to fund the inspection or retrofitting of residential property in this state. Implementation of this program is subject to annual legislative appropriations, receipt of federal grants or funds, or receipt of other sources of grants or funds. The department shall use its best efforts to obtain grants or funds from the federal government or other funding sources to supplement the financial resources of the program that may be provided by the state. (d) Monies in the program shall be deposited in the Strengthen Alabama Homes Fund. Monies shall not lapse, unless otherwise specified under...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-31E-2.htm - 2K - Match Info - Similar pages
41-23-192
Section 41-23-192 Legislative findings. The Legislature finds and declares the following: (1) Alabama is in need of more safe and affordable public transportation options for residents and visitors. (2) Inadequate and inefficient public transportation in Alabama adversely affects a community's ability to develop and maintain a viable and stable economy. (3) The establishment of the Alabama Public Transportation Trust Fund is intended to do all of the following: a. Provide a flexible source of funding for all Alabama communities to address their public transportation needs. b. Help families attain economic stability. c. Connect people to work opportunities and meet other vital transportation needs. d. Contribute to economic growth through increased employment in operating and maintaining public transportation infrastructure. e. Increase tax revenue by improving the ability of people to access work and purchase goods and services, thereby benefiting all Alabama residents. f. Alleviate...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-23-192.htm - 1K - Match Info - Similar pages
16-38-2
Section 16-38-2 Rehabilitation of persons disabled in industry or otherwise. For the purpose of enabling the State of Alabama to comply with the provisions of the national Social Security Act insofar as it relates to extending and strengthening its program of vocational rehabilitation of physically and mentally disabled persons, to provide physical and mental restoration when necessary, and to continue to carry out the provisions and purposes of the federal Vocational Rehabilitation Act entitled "an act to provide for the promotion of vocational rehabilitation of persons disabled in industry or otherwise, and their return to civil employment" (29 U.S.C.A., §§ 31 through 41), any and all funds appropriated may be used for the purposes set forth in this section and in the amended act. In furthering its plan of vocational rehabilitation and physical and mental restoration now effective in the state, this section shall be administered and any and all state and federal appropriations for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-38-2.htm - 1K - Match Info - Similar pages
23-1-175.1
Section 23-1-175.1 Infrastructure improvements. (a) In order to accomplish infrastructure improvements contemplated for the benefit of the Alabama State Docks, the Alabama Highway Finance Corporation shall have the following powers, in addition to all powers set forth in this article. (1) To borrow money and issue its bonds in evidence thereof, in a principal amount not to exceed one hundred fifty million dollars ($150,000,000), for the purpose of financing the widening and deepening of the Mobile Ship Channel and improvements related thereto. No bond issued by the corporation for this purpose shall have a specified maturity date later than twenty years after its issuance date. (2) To issue from time to time one or more series of refunding bonds for the purpose of refunding any bonds issued pursuant to subdivision (1) or bonds previously issued to refund such bonds, in any case, however, having a final maturity that is not later than the final maturity of the bonds being refunded. (3)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-175.1.htm - 3K - Match Info - Similar pages
23-7-3
Section 23-7-3 Creation; purpose; accounts. (a) There is created a public corporation to be known as the Alabama Transportation Infrastructure Bank. (b) The bank is governed by a board of directors as provided in this chapter. (c) The corporate purpose of the bank is to select and assist in financing major qualified projects by providing loans and other financial assistance to government units for constructing and improving highway and transportation facilities necessary for public purposes including economic development. (d) The bank shall establish and maintain at least the following accounts: (1) State highway account. (2) Federal highway account. (Act 2015-50, §3.)...
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31-9-81
Section 31-9-81 Program created; Statewide Emergency Notification System; Alabama Disaster Recovery Fund. (a) There is created the Alabama Disaster Recovery Program for the purposes of providing financial assistance to eligible counties and municipalities for meeting local needs before, during, and immediately following a disaster that affects a county or municipality and of establishing, implementing, operating, and maintaining the Statewide Emergency Notification System to facilitate statewide communication of emergency responses, decisions, and warnings of developing emergency situations for the benefit of residents and state and local emergency management agencies. (b) The recovery program shall be funded by the Alabama Disaster Recovery Fund. The Legislature may make appropriations to the recovery fund from State General Fund revenues, available federal monies, revenues made available by future legislative acts, or from any other source available except insurance policy...
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37-11B-2
Section 37-11B-2 Legislative findings. The Legislature finds and determines that: (1) There exists in the State of Alabama a continuing need to construct, improve, and invest in rail and rail infrastructure within the state. A strong rail infrastructure promotes economic development and employment opportunities and promotes the public good and general welfare of the state. (2) The public purpose of this chapter is to develop a coordinated program related to the rail infrastructure within the State of Alabama, including, but not limited to, the construction of such additional rail lines or tracks as may be necessary or advisable, the maintenance and improvement of the existing rail infrastructure, and the prudent use of state funds to take advantage of any opportunities for federal funding assistance that may be available. (Act 2009-787, p. 2472, §2.)...
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