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AL HB149

Bill

Official Source

Status

Introduced

3/19/2019

Primary Sponsor

Danny Garrett

Click for details

Origin

House of Representatives

Regular Session 2019

AI Summary

  • Amends Act 2019-2 (Rebuild Alabama Act) to add a sunset provision terminating the automatic indexing of gasoline and diesel fuel excise taxes on September 1, 2039
  • Maintains the phased excise tax increases: $0.06 per gallon effective August 31, 2019; additional $0.02 per gallon effective October 1, 2020; additional $0.02 per gallon effective October 1, 2021
  • Preserves the automatic indexing mechanism beginning October 1, 2023 and continuing every other year based on the National Highway Construction Cost Index, with adjustments capped at $0.01 per gallon
  • After September 1, 2039, the indexing provisions will no longer apply, effectively ending automatic tax rate adjustments after approximately 20 years
  • Becomes effective immediately upon passage and Governor approval

Legislative Description

Rebuild Alabama Act, amended to sunset the automatic indexing of the gasoline and disesel fuel tax after a specified time frame, Act 2019-2, 2019 First Sp. Sess., am'd.

Taxation

Last Action

Read for the first time and referred to the House of Representatives committee on Transportation, Utilities and Infrastructure

3/19/2019

Committee Referrals

Transportation, Utilities and Infrastructure3/19/2019

Full Bill Text

No bill text available