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AL HB661
Bill
Status
4/10/2012
Primary Sponsor
Mike Hill
Click for details
AI Summary
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Authorizes Alabama to automatically levy a state motor fuel tax equal to any reduction in the federal motor fuel tax under 26 U.S.C. § 4081 and § 4083 if Congress fails to levy, eliminates, or reduces the federal tax.
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Directs revenue from the state motor fuel tax to be deposited into the state road and bridge fund.
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Provides that the state levy and collection shall be automatically adjusted if Congress reauthorizes or restores the federal motor fuel tax to its previous amounts, as determined by the Commissioner of Revenue.
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Becomes effective immediately upon passage and approval by the Governor or upon otherwise becoming law.
Legislative Description
Motor fuel, state levy equivalent amount of tax should Congress fail to levy, eliminate, or reduce
Taxation
Last Action
Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund
4/10/2012