41-9-966
Section 41-9-966 Tax exemption. The commission shall be exempt from taxation by the
State of Alabama and any political subdivision, including, but not limited to, income, admission,
amusement, excise and ad valorem taxes on any of the following items: (1) Properties of the
commission and the income derived. (2) Lease agreements and contracts. (3) Bonds and coupons
and the income derived. (4) Executed indentures. (Acts 1996, No. 96-522, p. 670, §17.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-966.htm - 800 bytes - Match Info - Similar pages

16-16A-9
Section 16-16A-9 Disposition of funds. (a) The proceeds derived from each sale of the
Bonds issued pursuant to this chapter shall be deposited in the State Treasury and shall be
carried in a separate fund therein for the account of the Authority, which shall pay the expenses
of issuance therefrom. The expenses of issuance of the Bonds shall be prorated among the recipients
of the proceeds from the sale of the Bonds in proportions they receive allocations of the
proceeds thereunder. The proceeds from the sale of the Bonds remaining after payment of the
expenses of issuance thereof shall be retained in said fund and, until they are paid out,
shall be invested by the State Treasurer at the direction of the Authority in Permitted Investments
maturing at such time or times as the Authority shall direct. (b) Proceeds from the sale of
the Bonds and the earnings thereon shall be paid out from time to time on orders or warrants
issued by or at the direction of the Authority for any one or more...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16A-9.htm - 1K - Match Info - Similar pages

22-3A-18
Section 22-3A-18 Investment of proceeds from bond sale; when authorized; application
of income. Prior to the completion of all public health facilities described in Section
22-3A-19, any portion of the principal proceeds derived from the sale of the bonds which the
board of directors may determine is not then needed for any of the purposes for which the
bonds are authorized to be issued shall, on order of the authority, be invested by the State
Treasurer in permitted investments which mature at such time or times as the authority shall
direct. At any time and from time to time on order of the authority, any such investments
may be sold or otherwise converted by the State Treasurer into cash. The income derived from
any such investments shall be applied first for the payment of the costs of providing the
public health facilities described in Section 22-3A-19 and, to the extent not needed
for such purpose, such income may be disbursed on order of the authority for any purpose for
which...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-3A-18.htm - 1K - Match Info - Similar pages

40-17-371
Section 40-17-371 Cost of collection; distribution of tax proceeds. (a) The Alabama
Department of Revenue shall retain one-quarter of one percent (0.25%) of the tax proceeds,
less any refunds, from this additional excise tax on gasoline and diesel fuel for its cost
of collection. The department may adopt rules and such forms as may be necessary for the administration
of the excise tax provided for in this article. (b) Each month, prior to the remaining payments
provided in this article, up to $750,000 of the tax proceeds from the additional excise tax
on gasoline and up to $230,000 of the tax proceeds from the additional excise tax on diesel
fuel shall be distributed first to the Alabama Highway Finance Corporation for the payment
of the principal of and interest on bonds to be issued by it to finance improvements to the
ship channel providing access to the facilities of the Alabama State Docks, to the extent
necessary for such purpose. The amount distributed pursuant to this section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-17-371.htm - 9K - Match Info - Similar pages

41-15-10
Section 41-15-10 Premiums and collected earnings to constitute trust fund; surplus may
be invested in bonds, stocks, mutual funds, etc.; limitations and conditions; requisition
for payment of losses, expenses, etc. All premiums and earnings collected under the provisions
of this chapter shall constitute a trust fund to be applied as authorized in this chapter.
With the approval of the Governor, any surplus in the fund over a necessary working capital,
which shall be determined by the Director of Finance, at not less than $400,000.00, may be
invested in the bonds or other obligations of the United States, of the State of Alabama or
of any agency, institution or instrumentality of the State of Alabama. The Director of Finance
shall also have the authority to invest and reinvest said state insurance trust funds in such
classes of bonds, mortgages, common and preferred stocks, shares of investment companies or
mutual funds or other investments as the Finance Director with the consent of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-15-10.htm - 2K - Match Info - Similar pages

11-20-12
Section 11-20-12 Exemption from taxation of projects, bonds, etc. The bonds authorized
by this article and the income therefrom, all mortgages executed as security therefor, all
lease agreements made pursuant to the provisions hereof and all projects and the revenue derived
from any lease thereof shall be exempt from all taxation in the State of Alabama. (Acts 1961,
Ex. Sess., No. 178, p. 2147, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-12.htm - 710 bytes - Match Info - Similar pages

11-54-150
Section 11-54-150 Exemption from taxation. The bonds authorized by this article and
the income therefrom, all mortgages executed as security therefor, all lease agreements made
pursuant to the provisions hereof, and all projects and the revenue derived from any lease
thereof shall be exempt from all taxation in the State of Alabama. (Acts 1979, No. 79-722,
p. 1277, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-150.htm - 682 bytes - Match Info - Similar pages

11-58-14
Section 11-58-14 Exemptions of corporations - Taxation. The bonds authorized by this
chapter and the income therefrom, all mortgages executed as security therefor, all lease agreements
made pursuant to the provisions hereof and all property and the revenue derived from any lease
thereof shall be exempt from all taxation in the State of Alabama. All deeds, mortgages, trust
agreements, articles of incorporation and other documents executed by or delivered to any
corporation incorporated under the provisions of this chapter shall be exempt from all state,
county, municipal and other taxation in the State of Alabama. (Acts 1955, No. 516, p. 1160,
§11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-58-14.htm - 973 bytes - Match Info - Similar pages

16-16-14
Section 16-16-14 Use of bond proceeds for loans to local boards of education. The proceeds
derived from the sale of any bonds issued pursuant to subsection (b) of Section 3 of
Act 98-373 shall be deposited in the State Treasury and shall be carried in a separate fund
therein for the account of the authority, which shall pay therefrom the expenses of issuance
thereof. The proceeds from the sale of the bonds remaining after payment of the expenses of
issuance thereof shall be retained in such fund and, until they are paid out, shall be invested
by the State Treasurer at the direction of the authority in permitted investments which mature
at such time or times as the authority shall direct. Monies in the fund (whether original
proceeds from the sale of the bonds or principal proceeds of matured permitted investments)
shall be available for loan by the authority. The authority is hereby authorized to loan,
and each local board of education is hereby authorized to borrow, such monies under...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16-14.htm - 3K - Match Info - Similar pages

32-6-700
Section 32-6-700 Issuance of distinctive plates; fees; design. (a) Notwithstanding Sections
32-6-64 and 32-6-67, upon application to the judge of probate or license commissioner, compliance
with motor vehicle registration and licensing laws, payment of regular fees required by law
for license plates for private passenger or pleasure motor vehicles, and payment of an additional
annual fee of fifty dollars ($50), owners of motor vehicles who are residents of Alabama shall
be issued distinctive state parks license plates. (b) These plates shall be valid for five
years. (c) Payment of required license fees and taxes for the years during which a new plate
is not issued shall be evidenced as provided in Section 32-6-63. (d) Officials from
the Department of Conservation and Natural Resources shall design the plate. The design shall
be approved by the Department of Revenue and the Legislative Oversight Committee for License
Plates prior to production. Section 32-6-54 shall not apply to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-6-700.htm - 2K - Match Info - Similar pages