16-6D-9
Section 16-6D-9 Tax credit claims; administrative accountability; verification of requirements; rules and procedures. (a)(1) An individual taxpayer who files a state income tax return and is not claimed as a dependent of another taxpayer, a taxpayer subject to the corporate income tax levied by Chapter 18 of Title 40, an Alabama S corporation as defined in Section 40-18-160, or a Subchapter K entity as defined in Section 40-18-1 may claim a credit for a contribution made to a scholarship granting organization. If the credit is claimed by an Alabama S corporation or Subchapter K entity, the credit shall pass through to and may be claimed by any taxpayer eligible to claim a credit under this subdivision who is a shareholder, partner, or member thereof, based on the taxpayer's pro rata or distributive share, respectively, of the credit. (2) The tax credit may be claimed by an individual taxpayer or a married couple filing jointly in an amount equal to 100 percent of the total...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-6D-9.htm - 24K - Match Info - Similar pages
27-31B-3
Section 27-31B-3 Licensing. (a) Any captive insurance company, when permitted by its articles of association, charter, or other organizational document, may apply to the commissioner for a license to do any and all insurance defined in Sections 27-5-2, 27-5-4, and 27-5-5, in subdivisions (1), (2), (4), (5), (6), (7), (8), (9), (10), (11), (12), (13), and (14) of subsection (a) of Section 27-5-6, in Sections 27-5-7, 27-5-8, 27-5-9, and 27-5-10, and to grant annuity contracts as defined in Section 27-5-3, subject, however, to all of the following: (1) No pure captive insurance company may insure any risks other than those of its parent and affiliated companies or controlled unaffiliated business. (2) No association captive insurance company may insure any risks other than those of the member organizations of its association, and their affiliated companies. (3) No industrial insured captive insurance company may insure any risks other than those of the industrial insureds that comprise...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-31B-3.htm - 11K - Match Info - Similar pages
37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall execute a compact, in substantially the following form, with the State of Mississippi, and the Legislature approves and ratifies the compact in the form substantially as follows: Northeast Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry, and employment opportunities for the public good and welfare in northeast Mississippi and northwest Alabama through the establishment of a joint interstate authority to acquire certain railroad properties and facilities which the operator thereof has notified the Interstate Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion, or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II. This compact shall become effective immediately as to the State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
36-21-181
Section 36-21-181 Board of Commissioners of the Alabama Firefighters Annuity and Benefit Fund - Creation; composition. (a) There is created a board to be known as the Board of Commissioners of the Alabama Firefighters Annuity and Benefit Fund. The board shall be composed of the following members: (1) A consumer member appointed by the Governor for an initial term of two years. (2) A volunteer firefighter appointed by the Alabama Association of Volunteer Fire Departments for an initial term of two years. (3) A volunteer firefighter appointed by the Alabama Firefighters Association for an initial term of four years. (4) A paid firefighter appointed by the Professional Firefighters Association of Alabama for an initial term of four years. (5) A paid firefighter appointed by the Alabama Association of Fire Chiefs for an initial term of four years. (b) Thereafter, each member of the board shall serve for a period of four years. Any member of the board shall be eligible to succeed himself or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-21-181.htm - 1K - Match Info - Similar pages
36-21-61
Section 36-21-61 Board of Commissioners of Alabama Peace Officers' Annuity and Benefit Fund - Creation; composition; qualifications, appointment and terms of office of members; vacancies. There is created a board to be known as the Board of Commissioners of the Alabama Peace Officers' Annuity and Benefit Fund. The board shall consist of seven persons, one appointed by the Governor of the state for a period of six years, one elected by the members of the association to serve for a period of four years, one elected by the members of the order to serve for a period of four years, one elected by the members of the State Trooper Association, Inc., to serve for a period of four years, one designated by the Association of Chiefs of Police, one elected by the State Police Association to serve for a period of four years, and one elected by the Alabama Sheriff's Association, to serve for a period of four years. The first person elected by the association shall serve for a period of two years....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-21-61.htm - 2K - Match Info - Similar pages
45-49A-63.42
Section 45-49A-63.42 Restoration of retired member or other former member to service. (a) If a member entitled to a benefit under Section 45-49A-63.60, Section 45-49A-63.61, or subsection (a) of Section 45-49A-63.62 of the plan is restored to service as a uniformed officer, any benefit he or she may be receiving under Subpart 4 shall cease and any election of an optional benefit in effect shall be void. If he or she is restored to service as a uniformed officer before he or she has a break in service exceeding one year, any service to which he or she was entitled when he or she retired or terminated service shall be restored to him or her, and upon his or her later retirement or termination, his or her benefit shall be based on the benefit formula then in effect and his or her salary and service before and after his or her break in service, reduced by an amount that is of equivalent actuarial value to the benefits he or she received under Section 45-49A-63.60 or subsection (a) of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-63.42.htm - 4K - Match Info - Similar pages
36-21-64
Section 36-21-64 Board of Commissioners of Alabama Peace Officers' Annuity and Benefit Fund - Powers and duties generally. The board shall have the following powers in carrying out its responsibilities under this article: (1) To collect all moneys provided in this article to be collected by it; (2) To provide for and maintain all necessary administrative facilities and personnel; (3) To provide for payment of all administrative salaries, fees and expenses; (4) To cause its moneys to be invested and its investments sold or exchanged and the proceeds and income collected; (5) To determine who is a peace officer; (6) To pass upon all applications for annuities and benefits provided for in this article; (7) To adopt such rules and regulations as may be necessary or desirable to expedite the administration of the affairs of the board and as shall not be inconsistent with the laws of the state; (8) To provide descriptive literature respecting the fund; (9) To pay all benefits and annuities...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-21-64.htm - 2K - Match Info - Similar pages
36-21-183
Section 36-21-183 Board of Commissioners of the Alabama Firefighters Annuity and Benefit Fund - Powers and duties. The board shall have the following powers in carrying out its responsibilities: (1) To collect all moneys provided in this article to be collected by it. (2) To provide for and maintain all necessary administrative facilities and personnel. (3) To provide for payment of all administrative salaries, fees, and expenses. (4) To cause its moneys to be invested in a manner consistent with the ERS investment policies and practices. (5) To pass upon all applications for annuities and benefits provided for in this article. (6) To adopt such rules as may be necessary or desirable to expedite the administration of the affairs of the board pursuant to the Alabama Administrative Procedure Act. (7) To provide upon request descriptive literature regarding the fund. (8) To pay all benefits and annuities that may be determined to be due under this article and under the rules of the board....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-21-183.htm - 1K - Match Info - Similar pages
45-37A-51.228
Section 45-37A-51.228 Survivor's benefits. (a) Effective July 1, 2002, in the event of the death of a retiree or participant who, on the date of his or her death was eligible for voluntary retirement under Section 45-37A-51.220, there may be payable a monthly survivor's benefit equal to 60 percent of the monthly retirement benefit which the retiree was receiving or was entitled to receive prior to his or her death or which the participant would have been entitled to receive had he or she retired under Section 45-37A-51.220 on the day preceding his or her death; notwithstanding anything to the contrary, the survivor's benefit may be increased pursuant to Section 45-37A-51.242. In the event any survivor is being paid an amount in excess of 60 percent of the retiree's monthly benefit on May 1, 2006, such survivor's benefits shall not be decreased. (b)(1) Effective July 1, 2002, upon the death of any retiree or participant who at the time of his or her death was not eligible for voluntary...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.228.htm - 9K - Match Info - Similar pages
36-21-66
Section 36-21-66 Alabama Peace Officers' Annuity and Benefit Fund created; purpose and official designation; composition generally; investment, expenditure, etc., of moneys therein. A special fund is established and placed under the management of the board for the purpose of providing retirement allowances and other benefits under this article for members of the fund. The fund shall be known as the Alabama Peace Officers' Annuity and Benefit Fund, by and in which name all of its business shall be transacted, all of its funds invested, and all of its cash and securities and other property held in trust for the purposes for which received. All amounts received by the board pursuant to this article shall be paid into the fund. The board shall have such control of the fund as shall not be inconsistent with this article and with the laws of the state. All moneys of the board shall either be deposited into the State Treasury or in a special trust account or accounts in any bank or banks in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-21-66.htm - 3K - Match Info - Similar pages
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