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AL SB335
Bill
Status
4/30/2019
Primary Sponsor
Linda Coleman-Madison
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AI Summary
SB335 Summary
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Reduces the percentage of Highway Gasoline Tax proceeds paid directly to counties with a population of 600,000 or more from 13% to 7% of the total amount.
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Remaining gas tax proceeds are distributed between the county and its incorporated municipalities based on population ratios according to the most recent federal census.
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Establishes a $6,000,000 threshold: amounts exceeding this are divided proportionally by population between county and municipalities, with the first $500,000 above the threshold paid to the county.
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Amounts exceeding $6,500,000 are distributed proportionally by population between the county and municipalities.
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Becomes effective immediately upon passage and approval by the Governor.
Legislative Description
Taxation, gas tax proceeds, percentage distributed to counties with population greater than 600,000, distribution alt., Act 329 of 1969 Reg. Sess., amend.
Taxation
Last Action
Read for the first time and referred to the Senate committee on Finance and Taxation Education
4/30/2019