Section 9-8A-14
Exemption of cost-share grants from taxation.
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.
(Acts 1985, 1st Ex. Sess., No. 85-123, p. 169, §16; Acts 1986, No. 86-426, p. 775, §15.)