AL SB18

Extends the termination date of Alabama's excise and privilege tax on coal from October 1, 2011 to October 1, 2016, unless extended by the Legislature.

Modifies distribution of coal tax revenues to the Alabama State Docks Bulk Handling Facility Trust Fund, increasing the allocation to Tuscaloosa County General Fund from $500,000 to $594,000.

Adjusts allocations within Tuscaloosa County, reducing the Town of Coaling's share from $125,000 to $15,000 and increasing the County Board of Education's share from $175,000 to $213,000.

Changes the starting fiscal year for distributions to various economic development associations and entities from 2006-07 to 2011-2012.

Requires that if coal tax revenues are insufficient to fund all designated allocations, the amounts shall be prorated proportionally among recipient entities.