reglab/housing_qa huggingface dataset:
AL Code § 41-14-31 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 2 - Deposit of State Funds.|Section 41-14-31 - Maintenance of Money for Current Operational Expenses; Apportionment of Demand Deposits.

Section 41-14-31Maintenance of money for current operational expenses; apportionment of demand deposits. As much money as may be needed for current operational purposes of the state government, as determined by the State Treasurer in accordance with procedures prescribed by Section 41-14-32 and with the approval of the Governor, shall be maintained at all times in the State Treasury in cash or in demand deposits with state depositary banks. The State Treasurer shall apportion such demand deposits among state depositaries, giving preference to banks that are located in Alabama and giving due consideration to the activities of the various banking accounts maintained therein, the reasonable value of the banking services rendered or to be rendered the state by depositary banks, and giving first priority to the value and importance of such deposits to the economy of the communities and the various areas of the state to be affected thereby, as indicated by the loan to deposit ratio. (Acts 1967, No. 3, p. 336, §2; Acts 1971, 1st Ex. Sess., No. 62, p. 99; Act 2009-160, p. 320, §1.)
AL Code § 41-14-33 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 2 - Deposit of State Funds.|Section 41-14-33 - Contracts Covering Time Deposits, Open Account; Early Withdrawal; Apportionment; Payment and Rate of Interest.

Section 41-14-33Contracts covering time deposits, open account; early withdrawal; apportionment; payment and rate of interest. (a) The State Treasurer is authorized to enter into contracts with the state depositories for the deposit of state funds in time deposits, open account, having maturities of 91 days, six months, or one year; provided that any such contract for a time deposit, open account, having a maturity of 91 days shall provide for early withdrawal of funds upon written notice delivered at least 14 days (or the minimum period of time as is prescribed by applicable banking regulation then in effect) prior to the date of withdrawal. (b) The State Treasurer shall apportion the time deposits, open account, among state depositories, giving preference to banks that are located in Alabama and giving due consideration to the activities of the various banking accounts maintained therein, the reasonable value of the banking services rendered or to be rendered the state by depositary banks, and giving first priority to the value and importance of such deposits to the economy of the communities and the various areas of the state to be affected thereby, as indicated by the loan to deposit ratio. (c) The rate of interest to be paid on each time deposit, open account, of 91 days, six months, and one year maturity shall correspond to the rate borne by United States Treasury obligations of comparable maturity and shall be calculated as the average auction rate for United States Treasury Bills with maturities of 91 days and 26 weeks, respectively, as established at the four most recent auctions held immediately prior to the execution of the contract for such time deposit, open account, or where the maturity of the time deposit, open account, is one year, the weekly average one-year constant maturity yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week immediately preceding the execution of the contract. (d) The interest shall be payable in accordance with Section 41-14-34. (Acts 1967, No. 3, p. 336, §4; Acts 1971, 1st Ex. Sess., No. 62, p. 99; Acts 1975, 1st Ex. Sess., No. 1, §2; Acts 1989, No. 89-868, p. 1743; Act 2004-486, p. 904, §1; Act 2009-160, p. 320, §1.)
AL Code § 41-14-34 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 2 - Deposit of State Funds.|Section 41-14-34 - How Interest on Time Deposits, Open Account, Calculated and Paid; Emergency Withdrawal of Funds on Time Deposit, Open Account.

Section 41-14-34How interest on time deposits, open account, calculated and paid; emergency withdrawal of funds on time deposit, open account. (a) Interest shall be calculated on the basis of the contracts existing with respect to time deposits, open account, and shall be payable monthly to the State Treasurer and by that officer paid into the State Treasury to the credit of the General Fund of the state. (b) In the event of an emergency, the Treasurer is authorized to comply with applicable banking regulations in order to receive all or any portion of the funds placed on time deposits, open account, on shorter notice than the agreement provides and to forfeit such amount of accrued and unpaid interest as may be required by such regulations. (Acts 1967, No. 3, p. 336, §5; Acts 1983, 1st Ex. Sess., No. 83-80, p. 86.)
AL Code § 41-14-36 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 2 - Deposit of State Funds.|Section 41-14-36 - Receipt, etc., of Fee, Compensation, etc., for Placement, etc., of State Moneys in Time Deposits, Open Account, Demand Deposits, Etc.

Section 41-14-36Receipt, etc., of fee, compensation, etc., for placement, etc., of state moneys in time deposits, open account, demand deposits, etc. Any person who knowingly demands or receives any fee, compensation or reward or who demands or accepts directly or indirectly as payment or gift or otherwise any sum of money or other thing of value as an inducement or in return for the placement of any funds or for assistance either directly or indirectly in securing the placement of any moneys of the State of Alabama in time deposits, open account, demand accounts or otherwise shall be guilty of a felony and, upon conviction, shall be imprisoned for not more than three years or fined not more than $3,000.00 or both; and, in the event the person convicted is an officer, agent or employee of the State of Alabama, he shall be dismissed from office or discharged from employment. (Acts 1967, No. 3, p. 336, §7.)
AL Code § 41-14-37 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 2 - Deposit of State Funds.|Section 41-14-37 - Section 36-17-18 Not Affected by Provisions of Article.

Section 41-14-37Section 36-17-18 not affected by provisions of article. Nothing contained in this article shall be construed to modify, amend or repeal the provisions of Section 36-17-18, as now existing or hereafter amended, relating to investment in direct obligations of the United States of America registered in the name of the State Treasurer. (Acts 1967, No. 3, p. 336, §8; Acts 1971, 1st Ex. Sess., No. 62, p. 99; Acts 1975, 1st Ex. Sess., No. 1, §3.)
AL Code § 41-14-38 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 2 - Deposit of State Funds.|Section 41-14-38 - Applicability of Provisions of Article.

Section 41-14-38Applicability of provisions of article. The provisions of this article shall not apply to funds subject to withdrawal by a state official, state department or state agency other than the State Treasurer. (Acts 1967, No. 3, p. 336, §9.)
AL Code § 41-14-50 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 3 - Linked Deposit Program of 2007.|Section 41-14-50 - Short Title; Legislative Intent.

Section 41-14-50Short title; legislative intent. This article shall be known as the Linked Deposit Program of 2007. The purpose of this article is to enhance the George Wallace, Jr., Plan for Linked Deposits of 1988 and further stimulate growth and development in agricultural and small business operations, and to provide disaster relief funds to citizens, by authorizing the State Treasurer to invest a portion of the portfolio of the state with participating eligible lending institutions in a below market rate deposit which links the deposit to a reduced rate loan to eligible borrowers. (Act 2007-397, p. 790, §1.)
AL Code § 41-14-52 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 3 - Linked Deposit Program of 2007.|Section 41-14-52 - Creation and Administration of Program.

Section 41-14-52Creation and administration of program.  (a) The Linked Deposit Program of 2007 is created and the Treasurer shall administer the program. (b) The Treasurer shall establish procedures, guidelines, forms, and other requirements to carry out this article. The Treasurer may disseminate program information to interested parties. (c) The maximum amount that the Treasurer may invest in the program shall not exceed 10 percent of all monies available to the Treasurer for investment as calculated by the average of the quarter-end amount for the previous four quarters. The amount invested in the program is at the total discretion of the Treasurer. (d) The Treasurer shall provide an annual report outlining the status of the program and publish the report on the Treasury website for the benefit of the Governor, Legislature, and general public. (Act 2007-397, p. 790, §1.)
AL Code § 41-14-53 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 3 - Linked Deposit Program of 2007.|Section 41-14-53 - Applications for Loans; Linked Deposit Package.

Section 41-14-53Applications for loans; linked deposit package.  (a) An eligible lending institution shall accept and review applications for linked deposit loans from eligible borrowers. The lending institution shall apply all usual lending standards to determine the credit worthiness of eligible borrowers. (b) The eligible lending institution shall forward to the Treasurer a linked deposit package, in the form and manner prescribed by the Treasurer. (Act 2007-397, p. 790, §1.)
AL Code § 41-14-54 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 3 - Linked Deposit Program of 2007.|Section 41-14-54 - Terms of Linked Deposits.

Section 41-14-54Terms of linked deposits. (a) Only one linked deposit shall be made and be outstanding at any one time to any one eligible borrower. (b) The linked deposit amount shall not exceed seven hundred fifty thousand dollars ($750,000) per eligible borrower. (c) The initial linked deposit term shall be two years. (d) The linked deposit may be renewed for three additional two-year terms at the option of the Treasurer for a total duration of eight years. (e) The linked deposit may not be made in support of a loan for the purpose of construction, leasing, rental, real estate investment, other than for owner-occupied business premises of the borrower, or speculation. (f) The linked deposit shall be returned to the Treasurer at the earliest of (1) repayment of the linked deposit loan; or (2) expiration of the linked deposit. (g) All linked deposit funds and interest shall be electronically disbursed and received through the State Treasury. (h) Linked deposit interest shall be paid to the Treasurer monthly. (Act 2007-397, p. 790, §1.)
AL Code § 41-14-55 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 3 - Linked Deposit Program of 2007.|Section 41-14-55 - Loan Rates.

Section 41-14-55Loan rates. (a) The linked deposit fixed rate paid by the eligible lending institution shall be two percent below the two-year constant maturity treasury rate. (b) The minimum linked deposit rate shall be one percent. (c) The linked deposit loan rate to the eligible borrower shall be set by the eligible lending institution at a fixed rate not more than four percent greater than the interest rate on the linked deposit as provided in subsection (a). (Act 2007-397, p. 790, §1.)
AL Code § 41-14-56 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 14 - State Funds Generally.|Article 3 - Linked Deposit Program of 2007.|Section 41-14-56 - Liability of State and Treasurer ; Delays in Payments.

Section 41-14-56Liability of state and Treasurer ; delays in payments. (a) Neither the state nor the Treasurer shall be liable to any eligible lending institution in any manner for payment of the principal or interest on the linked deposit loan to an eligible borrower. (b) Any delay in payments or any default on the part of the eligible borrower does not in any manner affect the linked deposit participation agreement between the eligible lending institution and the Treasurer. (Act 2007-397, p. 790, §1.)
AL Code § 41-15A-1 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 15A - Penny Trust Fund.|Article 1 - General Provisions.|Section 41-15A-1 - Contributions; Promotions.

Section 41-15A-1Contributions; promotions. The State Treasurer is authorized to accept gifts, donations, and bequests from any person, association, company, or corporation wishing to contribute voluntarily to the Penny Trust Fund. Any person, association, company, or corporation may deposit funds in the Penny Trust Fund through the auspices of the State Treasurer or in the appropriately designated depository. The State Treasurer may seek the voluntary participation of banks, financial institutions, or other businesses in receiving and transferring donations to the Penny Trust Fund. The State Treasurer shall promulgate rules and regulations governing the procedures and administration for the voluntary donations, contributions, and transfers to the Penny Trust Fund. Donation and transmittal forms and promotional materials may be developed and distributed as authorized by the State Treasurer. It shall be legal and permissible for any agency of the state, including the Teachers' Retirement System, the State Employees' Retirement System, the Judicial Retirement System, local or state governing boards of education, and all other instrumentalities of the state to provide a listing of its employees, members, and/or students available through the auspices of the state Comptroller's office for the distribution and/or mailing of materials promoting the Penny Trust Fund. It shall be legal and permissible for the state, or any department, division, agency, board, bureau, and all other instrumentalities of the state, and local governing boards of education to cause promotional materials to be given to its employees and students in promotion of the Penny Trust Fund. (Acts 1989, No. 89-667, p. 1325, §1; Act 99-592, p. 1352, §3.)
AL Code § 41-15A-2 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 15A - Penny Trust Fund.|Article 1 - General Provisions.|Section 41-15A-2 - Distribution of Proceeds.

Section 41-15A-2Distribution of proceeds. (a) Proceeds from the Penny Trust Fund which are dedicated for the promotion of the public health shall be transmitted by the Comptroller to the Department of Public Health for the Alabama Drug Assistance Program and other similar programs upon application of the State Health Officer and approval by the board. (b) Proceeds from the Penny Trust Fund which are dedicated for the promotion of the public health of children in public schools shall be transmitted by the Comptroller to the State Board of Education upon application of the State Superintendent of Education and approval by the board. Revenues received by any school system from the Penny Trust Fund shall not replace or supplant any existing funds or programs from any other source. (c) There is appropriated from the Penny Trust Fund for any fiscal year accumulated earnings, available and not appropriated in any fiscal year 2001 and forward sufficient to fund all applications and proposals approved by the board and in the amount certified by the State Treasurer to the Director of Finance. (Acts 1989, No. 89-667, p. 1325, §2; Act 99-592, p. 1352, §3; Act 2014-314, p. 1117, §1.)
AL Code § 41-15A-3 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 15A - Penny Trust Fund.|Article 1 - General Provisions.|Section 41-15A-3 - Tax Deduction.

Section 41-15A-3Tax deduction. Donations and bequests to the Penny Trust Fund by individuals, associations, corporations, and companies shall be exempt from all county and municipal taxes and deductible from state taxes in accordance with Section 40-18-15. (Acts 1989, No. 89-667, p. 1325, §3.)
AL Code § 41-15A-4 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 15A - Penny Trust Fund.|Article 1 - General Provisions.|Section 41-15A-4 - Income Tax Return.

Section 41-15A-4Income tax return. Repealed by Act 2006-503, p. 1145, §2, effective for tax years beginning after December 31, 2005. (Acts 1989, No. 89-667, p. 1325, §4.)
AL Code § 41-15A-6 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 15A - Penny Trust Fund.|Article 1 - General Provisions.|Section 41-15A-6 - Definitions; Duties of Board.

Section 41-15A-6Definitions; duties of board. (a) As used in this chapter, the following words shall have the following meanings, respectively: (1) BOARD. The Board of Control of the Penny Trust Fund, which shall consist of the following officials or their designees and the following representatives: a. The Governor. b. The State Treasurer. c. The State Health Officer. d. The State Superintendent of Education. e. The State Auditor. f. A member to be appointed by the Governor from one of Alabama's historically black colleges and universities, whose term on the board shall end when the appointing Governor's term ends. g. A member to be appointed by the Governor from a non-profit health-related agency, organization, or health-related community action agency, whose term on the board shall end when the appointing Governor's term ends. (2) EARNINGS. Ninety percent of the prior fiscal year's earnings of the Penny Trust Fund. (b) The duties of the board shall include, but not necessarily be limited to, the following: (1) Elect a chairperson and a secretary of the board from among its membership. Service as the chairperson and secretary shall be for the term of service to which the individual was elected. (2) Review and approve the proposals by the governing authority of the Department of Public Health and the State Superintendent of Education for the expenditure of its portion of proceeds from the Penny Trust Fund and, if desirable, offer comments and suggestions on the expenditure of the funds. (3) Develop and approve an investment policy. (4) Notify the State Superintendent of Education and the State Health Officer once annually of the amount of funds eligible for payment from the Penny Trust Fund. (Act 99-592, p. 1352, §§1, 2; Act 2014-314, p. 1117, §1.)
AL Code § 41-15A-7 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 15A - Penny Trust Fund.|Article 1 - General Provisions.|Section 41-15A-7 - Audit, Examination of Expenditures.

Section 41-15A-7Audit, examination of expenditures. Expenditure of funds by the State Health Department and school systems shall at all times be subject to audit by the State Auditor and examination by the Examiners of Public Accounts. Any misexpenditure of funds by any individual shall, upon conviction in a court of competent jurisdiction, consist of a Class B misdemeanor and be subject to the penalties therefor. (Act 99-592, p. 1352, §5.)
AL Code § 41-15A-10 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 15A - Penny Trust Fund.|Article 2 - State Matching Funds.|Section 41-15A-10 - Short Title.

Section 41-15A-10Short title. Repealed by Act 2011-707, p. 2189, §1, effective September 30, 2011. (Acts 1993, No. 93-608, p. 990, §1.)
AL Code § 41-15A-11 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 15A - Penny Trust Fund.|Article 2 - State Matching Funds.|Section 41-15A-11 - Legislative Intent.

Section 41-15A-11Legislative intent. Repealed by Act 2011-707, p. 2189, §1, effective September 30, 2011. (Acts 1993, No. 93-608, p. 990, §2; Act 99-592, p. 1352, §3.)
AL Code § 41-15A-12 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 15A - Penny Trust Fund.|Article 2 - State Matching Funds.|Section 41-15A-12 - Source for Matching Funds; Transfer Procedure; Limitation; Cap.

Section 41-15A-12Source for matching funds; transfer procedure; limitation; cap. Repealed by Act 2011-707, p. 2189, §1, effective September 30, 2011. (Acts 1993, No. 93-608, p. 990, §3(a)-(c); Act 99-592, p. 1352, §3.)
AL Code § 41-16-1 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 16 - Public Contracts.|Article 1 - General Provisions.|Section 41-16-1 - Withdrawal by Contractor of Amounts Retained From Payments Under Contract.

Section 41-16-1Withdrawal by contractor of amounts retained from payments under contract. Repealed by Acts 1997, No. 97-225, p. 348, §4, effective April 22, 1997.
AL Code § 41-16-2 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 16 - Public Contracts.|Article 1 - General Provisions.|Section 41-16-2 - Limitation on Prosecutions for Violations of Competitive Bid Laws.

Section 41-16-2Limitation on prosecutions for violations of competitive bid laws. A prosecution for any offense in violation of the competitive bid laws of Articles 2 and 3 of this chapter must be commenced within six years after the commission of the offense. (Acts 1981, No. 81-350; Acts 1981, No. 81-851, p. 1529.)
AL Code § 41-16-4 (2021)
2021 Code of Alabama|Title 41 - State Government.|Chapter 16 - Public Contracts.|Article 1 - General Provisions.|Section 41-16-4 - Limitation on Use of Reverse Auction Process.

Section 41-16-4Limitation on use of reverse auction process.  The reverse auction process shall not be used to procure professional services of architects, landscape architects, engineers, land surveyors, geoscience and other professions, as described in Section 41-16-51(a)(3), or contracts for construction, repairs, renovation, or maintenance of public works. (Act 2006-107, p. 152, §2.)