Section 26-51-316 - Disaster relief payments and rebates(a) There is allowed an exemption from the income tax imposed under this chapter for: (1) Payments made to a taxpayer by the United States Department of Agriculture under the Market Facilitation Program authorized by 15 U.S.C. § 714c, as it existed on January 1, 2020; and(2) Recovery rebates provided by the United States Department of the Treasury under Section 2201 of the Coronavirus Aid, Relief, and Economic Security Act, Pub. L. No. 116-136.(b) Expenses for losses related to the receipt of a payment from the Market Facilitation Program to a taxpayer are not deductible or otherwise permitted to offset any other income from the tax year in which the loss or expenses are incurred.Added by Act 2020F, No. 95,§ 37, eff. 4/20/2020, and for tax years beginning on or after 1/1/2020 .