Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-18-551

Definitions

Official textalison.legislature.state.al.us15 subsections

For the purposes of this article, the following terms have the following meanings:

# (1)

BOARD. The Rural Hospital Investment Program Board.

# (2)

DEPARTMENT. The Alabama Department of Revenue.

# (3)

ELIGIBLE RURAL HOSPITAL. A hospital that meets the requirements set out in Section 40-18-553.

# (4)

ELIGIBLE TAXES. Financial institution excise tax, income tax, insurance premium tax, and utility tax.

# (5)

FINANCIAL INSTITUTION EXCISE TAX. The taxes levied and collected pursuant to Chapter 16.

# (6)

INCOME TAX. The taxes levied and collected pursuant to Chapter 18.

# (7)

INSURANCE PREMIUM TAX. The taxes levied and collected pursuant to Chapter 4A of Title 27.

# (8)

PROGRAM. The Rural Hospital Investment Program.

# (9)

QUALIFIED DONATION. An unrestricted transfer of funds for eligible rural hospitals.

# (10)

QUALIFIED DONOR. Any person, third party, or organization that makes a qualified donation to an eligible rural hospital.

# (11)

RURAL HOSPITAL. A rural general acute care, rural emergency, or critical access hospital determined to be located in a rural area as set out in Section 40-18-553(a)(2).

# (12)

TAX YEAR. The calendar year for which annual income is reported to the State of Alabama by a person that makes a qualified donation.

# (13)

THIRD PARTY. An entity classified as a tax-exempt nonprofit organization by the Internal Revenue Service which participates in soliciting, administering, or managing qualified donations for eligible rural hospitals.

# (14)

UTILITY TAX. The taxes levied and collected pursuant to Articles 3 and 4 of Chapter 21 and the tax levied in Sections 40-21-50, 40-21-51, and 40-21-53.

Last amended: Act 2025-404, §2; Act 2026-34, §1.

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