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Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-18-535

Timing; Reporting Requirements; Rulemaking Authority

Official textalison.legislature.state.al.us

# (a)

The tax credit created pursuant to this article may only be claimed with respect to taxable years beginning on or after January 1, 2025. The tax credit provided in this article shall be subject to the reporting requirements of Section 40-1-50.

# (b)

The department and the Alabama Department of Insurance may adopt rules for the administration of this article.

Last amended: Act 2024-302, §6.

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In this chapter (40 sections)
  1. 40-18-481 · (Effective Tax Year January 1, 2023, through December 31,…
  2. 40-18-500 · Short Title
  3. 40-18-501 · Exemption from Income Taxes of Certain Income from…
  4. 40-18-502 · Rulemaking Authority
  5. 40-18-510 · Transfer from Education Trust Fund
  6. 40-18-511 · One-Time Refundable Income Tax Credit for Partial Offset of…
  7. 40-18-512 · Funding
  8. 40-18-520 · (Repealed by Act 2023-519, § 8, Effective September 29,…
  9. 40-18-521 · (Repealed by Act 2023-519, § 8, Effective September 29,…
  10. 40-18-522 · (Repealed by Act 2023-519, § 8, Effective September 29,…
  11. 40-18-523 · (Repealed by Act 2023-519, § 8, Effective September 29,…
  12. 40-18-524 · (Repealed by Act 2023-519, § 8, Effective September 29,…
  13. 40-18-525 · (Repealed by Act 2023-519, § 8, Effective September 29,…
  14. 40-18-526 · (Repealed by Act 2023-519, § 8, Effective September 29,…
  15. 40-18-527 · (Repealed by Act 2023-519, § 8, Effective September 29,…
  16. 40-18-530 · Short Title
  17. 40-18-531 · Tax Credit for Qualified Workforce Housing Projects
  18. 40-18-532 · Definitions
  19. 40-18-533 · Applications and Awards; Allocation; Nonrefundability;…
  20. 40-18-534 · Administration of Workforce Housing Tax Credit Program
  21. 40-18-535 · Timing; Reporting Requirements; Rulemaking Authority
  22. 40-18-540 · Legislative Findings
  23. 40-18-541 · Definitions
  24. 40-18-542 · Application for Employee Tax Credit; Documentation…
  25. 40-18-543 · Application for Child Care Provider Facility Tax Credit;…
  26. 40-18-544 · Grants to Nonprofit Child Care Providers
  27. 40-18-545 · Rulemaking; Assignment of Credits; Refunds; Child Care Tax…
  28. 40-18-546 · Forms; Construction of Article
  29. 40-18-550 · Purpose and Short Title
  30. 40-18-551 · Definitions
  31. 40-18-552 · Rural Hospital Investment Program Board
  32. 40-18-553 · Requirements for Eligible Rural Hospitals to Receive…
  33. 40-18-554 · Duties of Board
  34. 40-18-555 · Use of Qualified Donations; Solicitation and Management of…
  35. 40-18-556 · Annual Report
  36. 40-18-557 · Tax Credits
  37. 40-18-558 · Statewide Annual Aggregate of Tax Credit Amounts;…
  38. 40-18-559 · Rulemaking Authority of Department. (Amended by Act 2026-34)
  39. 40-18-560 · Rulemaking Authority of State Treasurer; Program Publicity
  40. 40-18-561 · Qualification for Federal Income Tax Credit or Deduction
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