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AL SB131
Bill
Status
1/9/2018
Primary Sponsor
Trip Pittman
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AI Summary
SB131 Summary
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Redirects state tax revenue distribution effective October 1, 2018, allocating 20% of forestry severance taxes, vital statistics fees, hospital licensing fees, and insurance premium taxes to the State General Fund instead of dedicated trust funds.
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Modifies distribution of alcohol beverage taxes by splitting revenues between the State General Fund and Public Welfare/Mental Health Trust Funds rather than allocating entirely to welfare programs.
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Changes ad valorem property tax rates for Confederate soldier relief from $0.10 to $0.08 per $100 of assessed value, and adjusts general state revenue rate from $0.25 to $0.27 per $100.
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Reduces food stamp program administrative funding from 5% to 4% of food stamp benefits, with 1% of benefits redirected to the State General Fund beginning October 1, 2018.
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Effective October 1, 2018, reallocates portions of cigarette tax revenues to increase State General Fund receipts while reducing allocations to mental health and welfare trust funds.
Legislative Description
Taxation, state tax revenues, distribution further provided for, Secs. 9-13-84, 22-9A-23, 22-21-24, 27-4A-3, 28-3-74, 28-3-184, 28-3-201, 28-3-202, 28-3-204, 28-7-16, 38-4-12, 38-4-12.1, 40-1-31, 40-8-3, 40-21-51, 40-21-87, 40-23-35, 40-23-50, 40-23-77, 40-25-23 am'd.
Taxation
Last Action
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
1/9/2018