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37-11C-3
Section 37-11C-3 Standards for approval of qualified railroad rehabilitation expenditures;
application for tax credits; completion of project; tax credit certificate; fees; annual report.
(a) By December 1, 2019, the Department of Commerce shall develop standards for the approval
of qualified railroad rehabilitation expenditures for which a tax credit is being sought.
The standards shall consider the availability of additional public or private funding for
the project, the expected completion time of the project, and the anticipated impact of the
project on usage of the railroad infrastructure. (b) Prior to beginning any qualified railroad
rehabilitation work, the eligible taxpayer shall submit an application and rehabilitation
plan to the department and an estimate of the qualified railroad rehabilitation expenditures
under the rehabilitation plan; provided, however, the eligible taxpayer, at its own risk,
may incur qualified railroad rehabilitation expenditures no earlier than six...
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16-1-8.1
Section 16-1-8.1 Classroom instructional support. (a) For purposes of this section, classroom
instructional support means all elements of classroom instructional support as provided in
the Foundation Program, with the exception of textbook funds, as specified in Sections 16-6B-10
and 16-13-231, including, but not limited to, library enhancement, student materials, professional
development, technology, common purchases, and other classroom instructional support approved
by the State Board of Education. All funds allocated in the Foundation Program for library
enhancement, student materials, technology, professional development, and common purchases
shall be spent only for the purpose for which they were allocated. Library media specialists
shall be consulted in budgeting all library enhancement funds. (b) The procedures for ordering,
and the regulations applying to, classroom instructional support shall be as follows: (1)
BUDGET COMMITTEE. Each school shall have a budget committee. The...
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27-1-24.1
Section 27-1-24.1 Incentives for homeowners insurance policies with wind coverage in certain
areas. (a) Insurance carriers providing full property and casualty coverage, to specifically
include wind and hail coverage, to property owners within the areas defined in Section 27-1-24,
including any portion of the area as it may be expanded from time to time pursuant to Section
27-1-27, but only on properties that as of the time of writing are insured for wind coverage
through the Alabama Insurance Underwriting Association, may claim as a nonrefundable credit
against the insurance premium tax imposed by Chapter 4A of this title, in an amount equal
to 20 percent of the insurance premium tax otherwise due on the premium written for the property
owners for the taxable year in Zones B4, B5, M4, M5, or successor zones; and 35 percent of
the insurance premium tax otherwise due on the premium written for the property owners for
the taxable year in Zones Gulf Front, B1, B2, B3, M1, M2, M3, or...
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34-27A-19
Section 34-27A-19 Continuing education requirements; regulations; requirement for reinstatement.
(a) As a prerequisite to renewal of a license to appraise real estate, the licensed real estate
appraiser, licensed for any classification under this article, shall present evidence satisfactory
to the board of having met the continuing education requirements of this article. (b) The
board shall set, by administrative rule, the continuing education requirements for renewal
of licenses for all classifications of real estate appraisers as required by or when necessary
to fully comply with the provisions of the Financial Institutions Reform, Recovery and Enforcement
Act of 1989, Pub. L. No. 101-73 (FIRREA), and any subsequent amendments and regulations issued
pursuant thereto. (c) In lieu of meeting the requirements of subsection (b) an applicant for
renewal may satisfy all or part of the requirements by presenting evidence of either of the
following: (1) Completion of an educational program...
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40-8-4
Section 40-8-4 Assessment ratios for purposes of local taxation. (a) During the ad valorem
tax year beginning October 1, 1978, with respect to any ad valorem tax levied by a county,
municipality, or other taxing authority other than the state, the governing body of any such
county, municipality, or other taxing authority may at any time, effective for ad valorem
tax years beginning on and after October 1, 1978, increase or decrease the ratio of assessed
value to the fair and reasonable market value or, as may otherwise be provided by law, to
the current use value, as the case may be (herein called "the assessment ratio"),
of any class of taxable property within the limits prescribed in the Constitution; provided,
that the county, municipality, or other taxing authority meets the criteria contained in this
section. If the receipts from any ad valorem tax with respect to which any assessment ratio
has been so adjusted by any taxing authority during the ad valorem tax year beginning...
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16-25-151
Section 16-25-151 Withdrawal from service; death of participant. (a) On withdrawing from service
pursuant to Section 16-25-14, a member who participated in DROP: (1) Who fulfilled his or
her contractual obligation pursuant to DROP shall receive a lump-sum payment from his or her
DROP account equal to the payments made to that account on his or her behalf plus interest.
Further, the member shall receive his or her accumulated contribution made during participation
in DROP, together with interest for the period of DROP participation as provided in subdivision
(1) of subsection (g) of Section 16-25-14. In lieu of a lump-sum payment from the DROP account,
to the extent eligible under applicable tax laws, the member's total accrued benefit may be
"rolled over" directly to the custodian of an eligible retirement plan. The member
shall also begin receiving his or her monthly benefit which had been paid directly into the
DROP account during his or her participation in DROP. However, the...
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16-36-64
Section 16-36-64 Statewide textbook contracts. (a) No contract shall be made pursuant to this
article for the purchase of textbooks rejected by the State Board of Education. The only contracts
entered into by the State Board of Education pursuant to this article shall be for textbooks
considered by the State Textbook Committee and adopted by the State Board of Education as
provided for in this article. (b) In addition to all other laws which forbid the use of textbooks
in the public schools of the state by authors who are members of the Communist Party or members
of communist front organizations, all contracts with publishers for textbooks made pursuant
to this article shall stipulate that the author or authors of such book or books is not a
member of the Communist Party or known advocate of communism or Marxist socialism and is not
a member of a communist front organization. (c) The maximum price at which the State Board
of Education shall contract for local boards of education to pay...
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36-27-21.2
Section 36-27-21.2 Increase in maximum retirement allowance of certain state, etc., employees
- 1980 cost-of-living increase. (a) There is hereby provided, commencing October 1, 1980,
to any person retired prior to October 1, 1979, under the Teachers' Retirement System or Employees'
Retirement System of Alabama and who is receiving a retirement allowance therefrom, a cost-of-living
increase in his maximum retirement allowance as follows: (1) If such person retired prior
to October 1, 1963, a 15 percent increase in his maximum retirement allowance; provided, that
he shall receive an increase of not less than $30.00, nor more than $60.00 per month; and
provided further that, if such person retired under the provisions of Section 36-27-7 and/or
Section 36-27-7.1, he shall receive an increase of not less than $15.00, nor more than $40.00,
per month. (2) If such person retired on or after October 1, 1963, but prior to October 1,
1973, a 10 percent increase in his maximum retirement...
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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...
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41-4-110
Section 41-4-110 Established; duties; contracts for stationery, printing, paper, and fuel;
use of approved credit cards for certain purchases; State Procurement Fund. (a) There shall
be in the Department of Finance the Division of Purchasing. The functions and duties of the
Division of Purchasing shall be as follows: (1) To purchase all personal property and nonprofessional
services, except alcoholic beverages, which shall be purchased by the Alcoholic Beverage Control
Board and except as otherwise provided by law, for the state and each department, board, bureau,
commission, agency, office, and institution thereof, except as provided in subsection (e).
(2) To make and supervise the execution of all contracts and leases for the use or acquisition
of any personal property and nonprofessional services unless otherwise provided by law. (3)
To fix standards of quality and quantity and to develop standard specifications for all personal
property and nonprofessional services acquired by the...
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