Every gift to the Department of Archives and History payable into the fund, whether or not the use thereof is prescribed by the donor or the gift is designated as a memorial to a specified person, shall be deemed a gift to the State of Alabama. The donor in computing his or her net income for state income tax purposes for the year in which he makes the gift may deduct the amount of the gift from his or her gross income as authorized in Section 40-18-15.
Ala. Code § 41-6-53
Gifts Deemed Gifts to State; Deduction of Amount of Gift for Income Tax Purposes.
(Acts 1967, No. 522, p. 1252, §4.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.