45-37-123.23
Section 45-37-123.23 Records and reports. (a) Records. The pension board shall keep a record
of all of its proceedings, which shall be open to public inspection. Additionally, the pension
board shall keep all other books of account, records, policies, compensation records, service
records, and other data that may be necessary for proper administration of the plan and shall
be responsible for supplying all information and reports to the Internal Revenue Service,
members, beneficiaries, and others as may be required by law. (b) Correction of records. (1)
The pension board shall correct any error in a member's service record which the pension board
concludes is necessary to correct or remove an injustice or prevent a member from receiving
less or more than such member is entitled to receive under the plan. The pension board shall
adopt written rules prescribing the procedure the pension board shall follow in considering
whether an error in an employee's service record should be corrected....
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20-1-36
Section 20-1-36 Donations to exempt organizations. Nothing in Act 2000-320 shall prohibit the
donation of any food by any food sales establishment, food manufacturer, or food distributor
to an organization defined under Section 501(c)(3) of the Internal Revenue Code of 1986, as
amended. Nor shall the provisions of Act 2000-320 prohibit the sale, donation, or other distribution
of any food by a Section 501(c)(3) organization to a 501(c) organization. Any provision of
law to the contrary notwithstanding, the term food as used in this section shall not include
an out-of-date Class A food or an adulterated food as defined by law. (Act 2000-320, p. 505,
§4.)...
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45-37A-51.191
Section 45-37A-51.191 Employer pickup of employee contributions. The board of managers upon
approval of each employer, including the board of health, shall have authority to adopt a
program and plan amendments relating to that employer's employees meeting the requirements
of the United States Internal Revenue Code, as amended, to allow employer payment of required
participant contributions in lieu of salary or wages. (Act 2006-339, p. 851, Art. V, §2.)...

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45-37A-51.192
Section 45-37A-51.192 City's contributions. (a) The city shall pick up employer payment of
required participants' contributions in lieu of salary or wages through a program and plan
amendments relating to the city's employees meeting the requirements of the United States
Internal Revenue Code, as amended. (b)(1) Beginning July 1, 1995, the contribution of the
employer, excluding the board of health and employees of the board of health, shall be determined
by the actuary of the board at the level necessary to fully fund the system. The actuary shall
be required to make the determination for each actuarial year. (2) Beginning on July 1, 2017,
the employer's total minimum rate of contribution into the fund, excluding the board of health,
shall increase to 7.25 percent. (3) Beginning on July 1, 2018, the employer's total minimum
rate of contribution into the fund, excluding the board of health, shall increase to 8.50
percent. (4) Beginning on July 1, 2020, the employer's total minimum rate...
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45-37A-51.221
Section 45-37A-51.221 Minimum and maximum normal retirement benefit. (a) The minimum retirement
benefit payable under Section 45-37A-51.220 shall be four hundred dollars ($400) per month.
The maximum normal retirement benefit payable under Section 45-37A-51.220 shall be 75 percent
of final average salary, exclusive of sick leave bonus. Notwithstanding the foregoing and
to the extent applicable to governmental plans as defined in § 414(d), Internal Revenue Code,
in no event may the normal retirement benefit exceed the annual dollar limits imposed by §
415(b), Internal Revenue Code, excluding contributions under § 414(h)(2), Internal Revenue
Code. Further, no post severance compensation shall be included for any benefit hereunder.
Post severance compensation means amounts paid by the later of: (1) Two and one-half months
after an employee's severance from employment with the employer, or (2) the end of the limitation
year that includes the date of severance from employment with the...
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16-25A-41
Section 16-25A-41 Definitions. The following terms shall have the following meanings, unless
the context clearly indicates otherwise: (1) BOARD. The Public Education Flexible Employees
Benefit Board. (2) EMPLOYEE. Any person employed by a state or local board of education, postsecondary
institution, or other employer with employees as defined by Sections 16-25A-1 and 16-25A-11
participating in a state health insurance program. (3) EMPLOYER. Any local board of education
within the State of Alabama or other public institution of education within the state that
provides instruction at any combination of grades K-14 exclusively, under the auspices of
the State Board of Education, or the Alabama Institute for Deaf and Blind, or entities whose
employees are covered by the Public Education Employees' Health Insurance Plan pursuant to
Section 16-25A-11. (4) INTERNAL REVENUE CODE. The Internal Revenue Code of 1986, as amended.
(5) PARTICIPATING EMPLOYEE. An employee who elects to participate in...
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22-6A-2
Section 22-6A-2 Health care sharing ministry. (a) Health care sharing ministry means a faith-based
nonprofit organization that is tax exempt under the Internal Revenue Code and which does all
of the following: (1) Limits its participants to those who are of a similar faith. (2) Acts
as a facilitator among participants who have financial or medical needs and matches those
participants with other participants with the present ability to assist those with financial
or medical needs in accordance with criteria established by the health care sharing ministry.
(3) Provides for the financial or medical needs of a participant through contributions from
one participant to another. (b) The health care sharing ministry shall specify to participants
that participants may contribute with no assumption of risk or promise to pay among the participants
and no assumption of risk or promise to pay by the health care sharing ministry to the participants.
(c) The health care sharing ministry shall provide...
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36-29-20
Section 36-29-20 Legislative findings and intent. The Legislature finds that private employers
have provided their employees with flexible employee benefit plans which provide a savings
both to the employer and the employee, and that the State of Alabama, its departments and
agencies, may provide the same tax-effective benefits to its employees. It is, therefore,
the intent of the Legislature to provide for the establishment of a "cafeteria plan"
or flexible employee benefit plan in compliance with the Internal Revenue Code of 1986, with
every effort being used to utilize the existing resources of the state Comptroller to implement
said plan in conjunction with the Flexible Employees Benefits Board. (Acts 1989, No. 89-644,
p. 1272, §1.)...
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40-18-220
Section 40-18-220 Credit for corporations producing coal mined in Alabama. For the tax years
beginning on and after January 1, 1995, every corporation, whether a "subchapter S"
corporation, as defined by the 1995 Internal Revenue Code, or not, foreign or domestic, that
is doing business in Alabama, as a producer of coal mined in Alabama, shall be allowed a credit
against the tax imposed by Section 40-18-2, in the amount of one dollar ($1) per ton of increased
production of coal over the previous year's production of coal as set out herein below. Such
tax credit shall be based on coal produced after January 1, 1995, provided the coal was mined
in Alabama as certified by the producer of the coal. The amount of the total of credit in
any one year shall be based on the number of tons of Alabama coal produced by the corporation
in the year which exceeds the number of tons of Alabama coal produced by the corporation in
calendar year 1994. In the event a corporation did not produce Alabama...
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40-18-24
Section 40-18-24 Taxation of subchapter K entity. (a) The amount of income, deduction, gain,
loss, or credit includable or deductible by an owner of an interest in a subchapter K entity
shall be determined in accordance with subchapter K of the Internal Revenue Code, 26 U.S.C.
§§ 701-761. (b) For purposes of computing its net income, a subchapter K entity shall add
back otherwise deductible interest expenses and costs and intangible expenses and costs directly
or indirectly paid, accrued or incurred to, or in connection directly or indirectly with,
one or more direct or indirect transactions, with one or more related members, except to the
extent the subchapter K entity shows, upon request by the commissioner, that the corresponding
item of income was in the same taxable year: (1) subject to a tax based on or measured by
the related member's net income in Alabama or any other state of the United States, or (2)
subject to a tax based on or measured by the related member's net income...
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