reglab/housing_qa huggingface dataset:
AL Code § 40-18-291 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 11 - Full Employment Act of 2011.|Section 40-18-291 - Definitions.

Section 40-18-291Definitions. For purposes of this article, a small business is defined as a business that employs 50 or fewer employees on the effective date of this act. (Act 2011-551, p. 1017, §2.)
AL Code § 40-18-292 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 11 - Full Employment Act of 2011.|Section 40-18-292 - Legislative Findings.

Section 40-18-292Legislative findings. The Legislature finds and determines, in accordance with its goal, shared by Governor Robert Bentley, of achieving statistical full employment for Alabama's citizens, that the Legislature intends to foster an optimal environment for job growth throughout the state. (Act 2011-551, p. 1017, §3.)
AL Code § 40-18-293 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 11 - Full Employment Act of 2011.|Section 40-18-293 - Alabama Income and Financial Institution Excise Tax Credit.

Section 40-18-293Alabama income and financial institution excise tax credit. (a) An Alabama income and financial institution excise tax credit is hereby established for small businesses that create new jobs paying more than ten dollars ($10) per hour. The credit shall equal one thousand dollars ($1,000) and shall be available in the tax year during which the employee has completed 12 months of consecutive employment. (b) The employer must have a net increase in the total number of full time employees in Alabama on the last date of each tax year during which employees are hired for which the employer claims a credit, over the number employed in Alabama as of the last day of the tax year immediately preceding the first employment year. The increase must equal or exceed the number of newly hired employees for which a credit is sought by one employee for each newly hired employee for whom a credit is being sought for the current year, plus one employee for all employees for whom credits were claimed in prior years. (c) The credit shall be allowed against the tax imposed by Chapter 16 or Chapter 18, of this title. This tax credit shall not be allowed to decrease a taxpayer's tax liability to less than zero. The credit is not refundable or transferable. The credit shall be available, on a pro rata basis, to the owners of qualified employers that are entities taxed under subchapters S or K of the Internal Revenue Code. (d) A financial institution shall be allowed to claim the credit against the liability determined in Chapter 16 of this title. (e) The income tax credit provided in this section may be claimed only for employees who are hired following June 9, 2011. (Act 2011-551, p. 1017, §4.)
AL Code § 40-18-310 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 12 - Catastrophe Savings Accout.|Section 40-18-310 - Definitions.

Section 40-18-310Definitions. As used in this article, the following terms shall have the following meanings: (1) CATASTROPHE SAVINGS ACCOUNT. A regular savings account or money market account established by an insurance policyholder who is a state income taxpayer for residential property in this state to cover an insurance deductible under an insurance policy for the taxpayer's legal residence property that covers hurricane, rising floodwaters, or other catastrophic windstorm event damage or by an individual to cover self-insured losses for the taxpayer's legal residence from a hurricane, rising floodwaters, or other catastrophic windstorm event. The account must be labeled as a catastrophe savings account in order to qualify as a catastrophe savings account as defined in this article. A taxpayer may establish only one catastrophe savings account and shall specify that the purpose of the account is to cover the amount of insurance deductibles and other uninsured portions of risks of loss from hurricane, rising floodwater, or other catastrophic windstorm event. (2) WINDSTORM EVENT. Windstorms, cyclones, hurricanes, tornadoes, high winds, and hail, and similar perils not normally among those covered under most property casualty insurance policies but obtainable through the purchase of wind, wind and hail, storm or windstorm coverage, or all. (Act 2012-413, p. 1123, §1.)
AL Code § 40-18-311 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 12 - Catastrophe Savings Accout.|Section 40-18-311 - Income Tax Deduction; Contributions to Catastrophe Savings Account.

Section 40-18-311Income tax deduction; contributions to catastrophe savings account. (a) An individual taxpayer is allowed a deduction against income earned for state income tax purposes imposed pursuant to Section 40-18-5, for amounts contributed to a catastrophe savings account in accordance with subsection (c) and all interest income earned by a catastrophe savings account is exempt from the tax imposed pursuant to Section 40-18-5. (b) A catastrophe savings account is not subject to attachment, levy, garnishment, or legal process in this state. (c) The total amount that may be contributed to a catastrophe savings account must not exceed any of the following: (1) In the case of an individual whose qualified deductible is less than or equal to one thousand dollars ($1,000), two thousand dollars ($2,000). (2) In the case of an individual whose qualified deductible is greater than one thousand dollars ($1,000), the amount equal to the lesser of fifteen thousand dollars ($15,000) or twice the amount of the taxpayer's qualified deductible. (3) In the case of a self-insured individual who chooses not to obtain insurance on his or her legal residence, two hundred fifty thousand dollars ($250,000), but in no event may the amount contributed exceed the value of the individual taxpayer's legal residence. (d) If a taxpayer contributes in excess of the limits provided in subsection (c), the taxpayer shall withdraw the amount of the excess contributions and include that amount in Alabama income for purposes of Section 40-18-5 in the year of withdrawal. (Act 2012-413, p. 1123, §2.)
AL Code § 40-18-312 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 12 - Catastrophe Savings Accout.|Section 40-18-312 - Distributions From Catastrophe Savings Account; Additional Tax.

Section 40-18-312Distributions from catastrophe savings account; additional tax. (a) A distribution from a catastrophe savings account must be included in the income of the taxpayer unless the amount of the distribution is used to cover qualified catastrophe expenses. (b) No amount is included in income, pursuant to subsection (a), if the qualified catastrophe expenses of the taxpayer during the taxable year are equal to or greater than the aggregate distributions during the taxable year. (c) If aggregate distributions exceed the qualified catastrophe expenses during the taxable year, the amount otherwise included in income must be reduced by the amount of the distributions for qualified catastrophe expenses. (d)(1) The tax paid pursuant to Section 40-18-5, attributable to a taxable distribution must be increased by two and one-half percent of the amount which is includable in income. (2) This additional tax does not apply if any of the following occur: a. The taxpayer no longer owns a legal residence that qualifies pursuant to Chapter 7. b. The distribution is from an account conforming with subdivision (3) of subsection (c) of Section 40-18-311 and is made on or after the date on which the taxpayer attains the age of 70. (3) If a taxpayer receives a nontaxable distribution under this subsection, the taxpayer must not make further contributions to any catastrophe savings account. (e) If a taxpayer who owns a catastrophe savings account dies, his or her account is included in the income of the person who receives the account, unless that person is the surviving spouse of the taxpayer. Upon the death of the surviving spouse, the account is included in the income of the person who receives the account. The additional tax in subsection (d) does not apply to distribution on death of the taxpayer or the surviving spouse. (Act 2012-413, p. 1123, §3.)
AL Code § 40-18-313 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 12 - Catastrophe Savings Accout.|Section 40-18-313 - Promulgation of Rules.

Section 40-18-313Promulgation of rules. The Department of Revenue may promulgate rules necessary to implement and administer this article. (Act 2012-413, p. 1123, §4.)
AL Code § 40-18-320 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 13 - "Heroes for Hire" Tax Credit Act of 2012.|Section 40-18-320 - Short Title.

Section 40-18-320Short title. This article shall be known and may be cited as the Veterans Employment Act. (Act 2012-168, p. 254, §1; Act 2018-194, §1.)
AL Code § 40-18-320.1 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 13 - "Heroes for Hire" Tax Credit Act of 2012.|Section 40-18-320.1 - Definitions.

Section 40-18-320.1Definitions. As used in this article, the following terms have the following meanings: (1) COMBAT VETERAN. A member of the Armed Forces of the United States who served in a United States Department of Defense designated combat zone and was a resident of the State of Alabama at the time of his or her service. (2) RECENTLY DEPLOYED UNEMPLOYED VETERAN. An individual who meets the criteria for an unemployed veteran except that he or she must have received an honorable or general discharge from active, federal military service within the two-year period preceding the date of hire. (3) UNEMPLOYED VETERAN. An individual who is all of the following: a. Was a resident of Alabama at the time of entry into military service or was mobilized to active, federal military service while a member of the Alabama National Guard or other reserve unit located in Alabama, regardless of the resident's home of record. b. Received an honorable or general discharge from active, federal military service preceding the date of hire. c. Has certification by the Department of Labor at the time of hire of either of the following: 1. Collecting or eligible to collect unemployment benefits. 2. Having exhausted his or her unemployment benefits. (Act 2018-194, §2.)
AL Code § 40-18-321 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 13 - "Heroes for Hire" Tax Credit Act of 2012.|Section 40-18-321 - Availability of Tax Credit.

Section 40-18-321Availability of tax credit. In addition to the tax credit allowed for in the Full Employment Act of 2011 or the Alabama Small Business and Agribusiness Jobs Act, an additional one thousand dollar ($1,000) tax credit is available to a business that meets the requirements for a tax credit under Section 40-18-290 through 40-18-293 or Sections 40-18-391 and 40-18-392, for each unemployed or combat veteran hired for a full-time position paying at least fourteen dollars ($14) per hour, the majority of the duties of which are at a business location within Alabama. The additional credit shall be available in the tax year during which the employee has completed 12 months of consecutive employment. (Act 2012-168, p. 254, §2; Act 2016-188, p. 435, §5; Act 2018-194, §3.)
AL Code § 40-18-322 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 13 - "Heroes for Hire" Tax Credit Act of 2012.|Section 40-18-322 - Eligibility for Tax Credit.

Section 40-18-322Eligibility for tax credit. For all tax years beginning on or after January 1, 2018, a qualified employer subject to the requirements of this article and Sections 40-18-290 through 40-18-293 shall be eligible for an additional nonrefundable credit against the income tax liability imposed or the state portion of the financial institution excise tax owed in an amount equal to two thousand dollars ($2,000) for each new unemployed or combat veteran hired after March 12, 2018, for a full-time position paying at least fourteen dollars ($14) per hour, the majority of the duties of which are at a business location within Alabama. The additional credit shall be available in the tax year during which the employee has completed 12 months of consecutive employment. (Act 2012-168, p. 254, §3; Act 2018-194, §3.)
AL Code § 40-18-323 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 13 - "Heroes for Hire" Tax Credit Act of 2012.|Section 40-18-323 - Expenses Associated With a Start-Up Business.

Section 40-18-323Expenses associated with a start-up business. (a) In addition to the definition in Section 40-18-321, EXPENSE ASSOCIATED WITH A START-UP BUSINESS is defined as any of the following: (1) Expenses associated with the development of a business plan. (2) Professional services associated with the formation of the business (e.g., attorney and accounting services). (3) An analysis or survey of potential markets, products, labor supply, or transportation facilities. (4) Advertisements for the opening of the business. (5) Salaries and wages for employees who are being trained and their instructors. (6) Travel and other necessary costs for securing prospective distributors, suppliers, or customers. (7) Salaries and fees for executives and consultants, or for similar professional services. (b) For all tax years beginning on or after January 1, 2012, a recently deployed unemployed veteran shall be eligible for a nonrefundable credit against the income tax liability imposed in an amount up to a total of $2,000 for expenses associated with one start-up business in which the recently deployed unemployed veteran holds at least 50-percent ownership interest. A credit under this subsection may only be taken for a business started after April 2, 2012, that is located within Alabama and that shows a net profit of at least $3,000 for the year in which the credit is taken. (c) An employer shall not claim the credit in Section 40-18-322 for an employee who has claimed the credit under Section 40-18-323, and a recently deployed unemployed veteran shall not claim the credit in Section 40-18-323 if an employer has claimed his or her hire for the credit in Section 40-18-322. (Act 2012-168, p. 254, §4.)
AL Code § 40-18-324 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 13 - "Heroes for Hire" Tax Credit Act of 2012.|Section 40-18-324 - Duties and Procedures.

Section 40-18-324Duties and procedures. (a) The Department of Labor, in coordination with the Department of Revenue, the Department of Economic and Community Affairs, and the Department of Veterans' Affairs shall: (1) Promote awareness of the unemployed veteran tax credit authorized in this article to employers and eligible veterans. (2) Establish procedures for prequalifying an individual as an unemployed veteran and for providing notice to the Department of Labor when a new full-time employee is hired. (3) Establish procedures for certifying a qualified employer's compliance, or in the case of a credit under subsection (b) of Section 40-18-323, a recently deployed unemployed veteran's compliance, with the eligibility and expense verification requirements to claim the credit authorized under this section. (4) Adopt measurable goals, outcomes, and an audit strategy to assess the utilization and performance of the credits authorized in this article. (5) On or before January 15, 2014, submit a written report on its assessment of the credits to the Alabama House Committees on Military and Veterans Affairs, Commerce and Small Business and Ways and Means-Education, and to the Alabama Senate Committees on Veterans and Military Affairs, Finance and Taxation-ETF, and Job Creation and Economic Development. (6) Engage in efforts to promote the hiring of unemployed veterans through hiring practices of the State of Alabama. (b) The tax credits authorized by Act 2018-194 shall not be claimed by a qualified employer until the status of the unemployed veteran is verified by the Alabama Department of Labor. (c) The tax credits authorized by Act 2018-194 shall not be available for any unemployed veteran hired after December 31, 2023, unless extended by an act of the Legislature. (d) The Department of Revenue shall, on an annual basis, provide the Legislative Services Agency with the total amount of credits claimed under the Veterans Employment Act in accordance with Act 2015-237. (Act 2012-168, p. 254, §5; Act 2018-194, §§3-6.)
AL Code § 40-18-340 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 14 - Irrigation Equipment Tax Credit.|Section 40-18-340 - Definitions.

Section 40-18-340Definitions. As used in this article, the following terms shall have the following meanings: (1) AGRICULTURAL TRADE OR BUSINESS. Any trade or business described in the 2007 North American Industry Classification System, Sector 11, and includes such trades or businesses that may be hereafter reclassified in any subsequent publication of the North American Industry Classification System. (2) OFF-STREAM UPLAND RESERVOIR. A reservoir that does not dam the stream and is not built within the stream bed or wetlands. (3) QUALIFIED IRRIGATION EQUIPMENT. Equipment used by agricultural trade or business in irrigation systems, including but not limited to equipment used to construct irrigation systems and water wells. (4) QUALIFIED RESERVOIR. An off-stream upland reservoir used as a source of water for irrigation by an agricultural trade or business. (Act 2012-391, p. 1049, §1.)
AL Code § 40-18-341 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 14 - Irrigation Equipment Tax Credit.|Section 40-18-341 - Expense of Qualified Irrigation Equipment.

Section 40-18-341Expense of qualified irrigation equipment. Notwithstanding any other provision of law to the contrary, for all tax years beginning after December 31, 2011, any agricultural trade or business may elect to expense qualified irrigation equipment under the provisions of 26 U.S.C. §179, as such section existed on January 1, 2011. (Act 2012-391, p. 1049, §2.)
AL Code § 40-18-343 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 14 - Irrigation Equipment Tax Credit.|Section 40-18-343 - Applicability of Environmental and Water Laws and Regulations.

Section 40-18-343Applicability of environmental and water laws and regulations. Nothing in this article changes the applicability of existing environmental and water laws and regulations in the State of Alabama including the Alabama Water Use Reporting Program administered by the Alabama Office of Water Resources. (Act 2012-391, p. 1049, §4.)
AL Code § 40-18-344 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 14 - Irrigation Equipment Tax Credit.|Section 40-18-344 - Rules and Regulations.

Section 40-18-344Rules and regulations. The Department of Revenue shall promulgate rules and regulations for the implementation of the credit authorized in this article and shall coordinate with the Alabama State Soil and Water Conservation Committee (ASWC) for technical service for the eligible applicants. (Act 2012-391, p. 1049, §5.)
AL Code § 40-18-360 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 15 - Private Intrastate Adoption or Adoption of a Qualified Foster Child.|Section 40-18-360 - Definitions.

Section 40-18-360Definitions.  As used in this article, the following terms shall have the following meanings:  (1) COMMISSIONER. The Commissioner of Revenue of the State of Alabama.  (2) PRIVATE ADOPTION. An adoption through a private agency in which the adoptive parent(s) reside in Alabama. (3) QUALIFIED FOSTER CHILD. Any individual who:  a. is in the permanent legal custody of the Alabama Department of Human Resources; and/or b. is placed in a licensed or approved foster home by the Alabama Department of Human Resources for the purpose of adoption pursuant to an approved case plan. (Act 2014-413, p. 1517, §1; Act 2018-549, §1.)
AL Code § 40-18-361 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 15 - Private Intrastate Adoption or Adoption of a Qualified Foster Child.|Section 40-18-361 - Tax Credit for Certain Adoptions.

Section 40-18-361Tax credit for certain adoptions.  A taxpayer shall be allowed a one time, refundable credit against the tax imposed by Section 40-18-2, for a private adoption or the adoption of a qualified foster child. The amount of such credit shall be one thousand dollars ($1,000) per child adopted through a private adoption or qualified foster child to be claimed in the year in which the adoption becomes final. (Act 2014-413, p. 1517, §2; Act 2018-549, §1.)
AL Code § 40-18-362 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 15 - Private Intrastate Adoption or Adoption of a Qualified Foster Child.|Section 40-18-362 - Postsecondary Education Assistance.

Section 40-18-362Postsecondary education assistance. Repealed by Act 2015-121 effective October 15, 2015. (Act 2014-413, p. 1517, §3.)
AL Code § 40-18-363 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 15 - Private Intrastate Adoption or Adoption of a Qualified Foster Child.|Section 40-18-363 - Rulemaking Authority.

Section 40-18-363Rulemaking authority.  The commissioner shall be authorized to promulgate any rules necessary to implement and administer this article. (Act 2014-413, p. 1517, §4.)
AL Code § 40-18-370.1 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 18 - Income Taxes.|Article 16 - Alabama Jobs Act.|Section 40-18-370.1 - Legislative Findings as to Enhancement of Alabama Jobs Act.

Section 40-18-370.1Legislative findings as to enhancement of Alabama Jobs Act. The Legislature finds as follows: (a) While Alabama's incentive programs have succeeded in growing industry in the more populated parts of the state, Alabama's rural and low growth communities have not enjoyed the same rates of success. (b) Alabama's incentives grew out of a need to attract heavy industry to the state. Now, Alabama must also prepare for the future by attracting and retaining high-tech companies, and preparing and retaining a workforce trained for such jobs. (c) New tools must be brought to bear to solve Alabama's rural, low growth, and high-tech deficits. (d) It is a public purpose to expand Alabama's incentives laws to attract and retain companies in rural and low growth areas in Alabama, and high-tech companies and workers throughout the state. The tools used in Act 2019-392 are urgently needed to solve these problems. (e) The Legislature finds that the enhancements to the Alabama Jobs Act, as found in Act 2019-392, may be made without compromising on the strict requirement that the state shall not offer any such incentives to the extent that the tax incentives sought exceed the anticipated revenues to the state, as required by Section 40-18-373(1)c. (Act 2019-392, §2.)