Loading chat...

AL HB371

Bill

Status

Introduced

3/3/2020

Primary Sponsor

Rex Reynolds

Click for details

Origin

House of Representatives

Regular Session 2020

AI Summary

HB371 Summary

  • Amends Section 40-12-270 of the Alabama Code to update the disbursement of motor vehicle license taxes and registration fees collected by judges of probate.

  • Distributes net proceeds as follows: 64.75% of additional amounts to the State; 35.25% apportioned to 67 counties (42.16% equally distributed, 57.84% by population ratio).

  • Allocates remaining net proceeds with 72% to State of Alabama, 21% to municipalities or counties where vehicles are registered, and 7% to counties based on motor vehicle registration ratios.

  • Dedicates $1,200,000 annually from motor vehicle taxes to the Alabama Law Enforcement Agency for traffic and motor vehicle law enforcement.

  • Becomes effective beginning fiscal year October 1, 2020.

Legislative Description

Taxation, to update the dispursement of certain license taxes and registration fees, Sec. 40-12-270 am'd.

Taxation

Last Action

Pending third reading on day 13 Favorable from Ways and Means General Fund

3/12/2020

Committee Referrals

Ways and Means General Fund3/3/2020

Full Bill Text

No bill text available