SB333 Summary

• Proposes a constitutional amendment to allow the Legislature to redirect motor fuel excise taxes from the "Rebuild Alabama Act" (Act 2019-2) to the Department of Commerce for a small business stimulus fund.

• The redirection would be temporary, lasting for two years following ratification of the amendment, after which the motor fuel excise taxes would revert to their original purposes under general law.

• Requires the Alabama Department of Commerce to promulgate rules governing how funds in the small business stimulus fund will be distributed.

• Amends Amendment 93 (as amended by Amendment 354) to Section 111.06 of the Alabama Constitution of 1901, which currently restricts motor vehicle-related tax revenues to highway construction, maintenance, repair, and traffic enforcement.

• Requires a statewide election where voters must approve the amendment by majority vote in accordance with constitutional procedures.