Chapter 1 - Penny Trust Fund
- Article 1 General Provisions.
- Section 41-15A-1 Contributions; promotions
The State Treasurer is authorized to accept gifts, donations, and bequests from any person, association, company, or corporation wishing to contribute voluntarily to the ...
- Section 41-15A-2 Distribution of proceeds
(a) Proceeds from the Penny Trust Fund which are dedicated for the promotion of the public health shall be transmitted once annually by the ...
- Section 41-15A-3 Tax deduction
Donations and bequests to the Penny Trust Fund by individuals, associations, corporations, and companies shall be exempt from all county and municipal taxes and ...
- Section 41-15A-4 Income tax return
THIS SECTION WAS REPEALED IN THE 2006 REGULAR SESSION BY ACT 2006-503, EFFECTIVE FOR TAX YEARS BEGINNING DECEMBER 31, 2005. THIS IS NOT IN ...
- Section 41-15A-5 Repealed
...
- Section 41-15A-6 Definitions; duties of board
(a) As used in this chapter, the following words shall have the following meanings, respectively: (1) BOARD. The Board of Control of the Penny ...
- Section 41-15A-7 Audit, examination of expenditures
Expenditure of funds by the State Health Department and school systems shall at all times be subject to audit by the State Auditor and ...
- Article 2 State Matching Funds.
- Section 41-15A-10 Short title
This article shall be known and may be cited as the "John L. Buskey Penny Trust Fund Matching Act of 1993." ...
- Section 41-15A-11 Legislative intent
It is the intent of the Legislature to establish state matching monies for contributions received by the State Treasurer for the Penny Trust Fund. ...
- Section 41-15A-12 Source for matching funds; transfer procedure; limitation; cap
(a) The state shall provide matching funds from the Education Trust Fund and the State General Fund for those monies that are deposited into ...
