Ala. Code § 24-11-9: Department of Revenue; Forms.

The Department of Revenue shall adopt forms for the following:

(1) The designation of an account with a financial institution to serve as a first-time and second chance home buyer savings account.

(2) An account holder to annually submit to the Department of Revenue detailed information regarding the first-time and second chance home buyer savings account, including, but not limited to, a list of transactions for the account during the tax year and identifying any supporting documentation required to be maintained by the account holder.