# Ala. Code § 16-44A-34: Section 16-44A-34 Exemption from State and Local Taxes; Acts in Agreement Authorized

> Alabama · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-34

## Section

- **Citation:** Ala. Code § 16-44A-34
- **Heading:** Section 16-44A-34 Exemption from State and Local Taxes; Acts in Agreement Authorized
- **Jurisdiction:** Alabama
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Alabama Code / Title 16 / Chapter 44A / Section 16-44A-34

## Text

(a) The trust shall be exempt from all taxes of the State of Alabama and its political subdivisions. Provided that the trust’s “unrelated business taxable income” as determined in accordance with 26 U.S.C. §512, as in effect from time to time, shall be subject to the tax levied by Section 40-18-31, as amended. All receipts, from whatever source, are appropriated to the trust until expended and shall not lapse. The trust is authorized to solicit gifts and donations, and all gifts, grants, devises, and bequests shall be deductible from state income taxes in accordance with Section 40-18-15.

(b) All of the acts provided for in the body of the compact or trust agreement are hereby specifically authorized and provided for, it being the intent of this article to incorporate the entirety of the provisions of the compact into the Code of Alabama. This compact and this article shall be liberally construed to effectuate the purposes of the article, and shall be severable.

## Nearby sections

- [Ala. Code § 16-44A-1 Section 16-44A-1 Legislative Intent](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-1.md)
- [Ala. Code § 16-44A-2 Section 16-44A-2 Authorization, Enactment, and Adoption of the Alabama Compact for Leadership and Citizenship Education; Purpose, Intent, and Member Parties to the Compact](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-2.md)
- [Ala. Code § 16-44A-3 Section 16-44A-3 Frequency and Purpose of Membership Meetings](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-3.md)
- [Ala. Code § 16-44A-4 Section 16-44A-4 Voting](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-4.md)
- [Ala. Code § 16-44A-5 Section 16-44A-5 Non-profit Public Corporation](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-5.md)
- [Ala. Code § 16-44A-6 Section 16-44A-6 Board of Directors; Election, Composition, Term](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-6.md)
- [Ala. Code § 16-44A-7 Section 16-44A-7 Representation of the Board of Directors Members; Meetings of Board](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-7.md)
- [Ala. Code § 16-44A-8 Section 16-44A-8 Governor of Alabama as Ex Officio President; Election of Chair and Vice-Chair](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-8.md)
- [Ala. Code § 16-44A-9 Section 16-44A-9 Authority, Duties, and Responsibilities of Executive Director; Board of Directors as Nominating Committee](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-9.md)
- [Ala. Code § 16-44A-10 Section 16-44A-10 Membership and Fiscal Year; Dues](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-10.md)
- [Ala. Code § 16-44A-11 Section 16-44A-11 Creation of Advisory Committees; Purpose and Composition](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-11.md)
- [Ala. Code § 16-44A-12 Section 16-44A-12 Adoption of Plan of Educational Work Which Furthers Purposes of Compact; Plan Objectives; Programs and Activities Under Plan](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-12.md)
- [Ala. Code § 16-44A-13 Section 16-44A-13 Programs and Experiences Encouraged and Supported by Compact](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-13.md)
- [Ala. Code § 16-44A-14 Section 16-44A-14 Powers of Board of Directors](https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AL_T16_C44A_S16-44A-34. Check the current official text before relying on it. Not legal advice.