Statutes > Alabama Statutes > Title 16 — EDUCATION. > Chapter 25B — RETIREMENT TRUST FOR FOOTBALL COACHES OF PUBLIC INSTITUTIONS OF HIGHER LEARNING. > Section 16-25B-7 Inclusion for federal income taxes.

Section 16-25B-7 Inclusion for federal income taxes.

Section 16-25B-7

Inclusion for federal income taxes.

As provided by the United States Internal Revenue Code, any sum deferred under the trust shall not be included for the purposes of computation of any federal income taxes withheld on behalf of any employee.

(Acts 1991, No. 91-656, p. 1242, §7.)