The gross income for Alabama income tax purposes of an eligible person receiving a cost-share grant from the commission pursuant to this chapter shall not include the amount of such cost-share grant. The commission shall take such steps as may be necessary to qualify the cost-share grant program provided herein with the United States Secretary of the Treasury and the United States Secretary of Agriculture as a program qualifying under Section 126(a)(10) of the Internal Revenue Code of 1954, as amended.
Structure Code of Alabama
Title 9 - Conservation and Natural Resources.
Chapter 8A - Cost-Share Grants for Soil and Water Conservation.
Section 9-8A-2 - Legislative Findings and Declaration of Purpose.
Section 9-8A-4 - Commission - Powers.
Section 9-8A-5 - Allocation of Funds to Soil and Water Conservation Districts.
Section 9-8A-6 - Application for Cost-Share Grant.
Section 9-8A-7 - Eligible Soil and Water Conservation Practices.
Section 9-8A-8 - Ineligible Lands.
Section 9-8A-9 - Cost-Share Grant Processing Procedures.
Section 9-8A-10 - Designing of Proposed Soil and Water Conservation Practices.
Section 9-8A-12 - Reporting and Accounting by Soil and Water Conservation Districts.
Section 9-8A-13 - Exemption of Commission From Taxation.
Section 9-8A-14 - Exemption of Cost-Share Grants From Taxation.