HB532 Alabama 2015 Session

Updated Feb 24, 2026

Summary

Primary Sponsor: Barbara DrummondRepresentative
Democrat
Session: Regular Session 2015
Title: Taxation, income tax refund check-off for contributions to Children's First Trust Fund, Sec. 40-18-140 am'd.
Summary: The bill adds an income tax refund check-off allowing Alabama residents to donate to the Children First Trust Fund, starting in 2015, with administration rules and a performance threshold.
What This Bill Does
Creates a new check-off on the state income tax return that lets residents designate a dollar amount to the Children First Trust Fund from their refund. Requires the contributed funds to be deposited with the State Treasurer and distributed to the Children First Trust Fund, subject to administrative costs not exceeding 5% of contributions. Imposes a three-year performance test: if average annual contributions do not reach $7,500, the check-off may be removed from the tax forms in the following year. Amends the law to add the Children First Trust Fund check-off starting with the 2015 tax year, with the new provision becoming effective after the usual legal effective date.

Who It Affects
Alabama resident individual income taxpayers who may choose to designate part of their tax refund to the Children First Trust Fund.
The Children First Trust Fund, which would receive funds collected through the new check-off to support its activities.
The Department of Revenue and the State Treasurer, which handle administration, deposit, and distribution of check-off contributions.

Key Provisions
Adds a new check-off for contributions to the Children First Trust Fund on the Alabama income tax return.
Contributions designated for this check-off are deposited with the State Treasurer for distribution to the Children First Trust Fund.
Administrative costs for all check-offs are limited to 5% of contributions.
If, after three years, average annual contributions to this check-off do not reach $7,500, the check-off can be dropped from the tax forms and its authorization repealed for subsequent years.
Effective starting with the 2015 tax year; the act becomes law on the first day of the third month after passage and approval.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Taxation