AL HB607

Requires Alabama state individual income tax return forms beginning with the 2011 tax year to include a check-off option allowing taxpayers to designate $1, $5, $10, or more of their state income tax refund to the Alabama Veterans' Program for disabled veterans' education benefits.

Permits married couples filing jointly to have both spouses independently designate refund amounts to the program by marking the appropriate box on the tax form.

Directs the Department of Revenue to annually calculate total designated amounts and deposit funds to the State Comptroller, less administrative costs not exceeding 10 percent of revenue produced, for distribution to the Alabama Veterans' Assistance Fund in the State Treasury.

Specifies that proceeds are in addition to annual Education Trust Fund appropriations and must be used exclusively for providing education benefits to disabled veterans in Alabama.

Authorizes the Commissioner of the Department of Revenue to prescribe necessary forms, rules, and regulations to implement and administer the program.