Alabama Code (Last Updated: November 28, 2014) |
Title41 STATE GOVERNMENT. |
Chapter15A. PENNY TRUST FUND. |
Article1. General Provisions. |
§41-15A-3. Tax deduction.
Latest version.
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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.