Loading chat...
AL HB526
Bill
Status
3/29/2022
Primary Sponsor
Arnold Mooney
Click for details
AI Summary
-
Suspends state excise taxes on gasoline and motor fuels from May 1, 2022, until May 1, 2023, under Section 40-17-370 of the Alabama Code.
-
Department of Revenue may reinstate excise taxes before May 1, 2023, if the average Alabama monthly price of gasoline or motor fuels falls to or below January 2022 average prices as reported by the United States Energy Information Administration.
-
Department of Revenue is authorized to adopt rules necessary to implement the suspension and reinstatement provisions.
-
Act becomes effective immediately upon passage and approval by the Governor, or upon otherwise becoming law.
Legislative Description
Gasoline and motor fuel taxes, to suspend a portion of the state excise taxes on gasoline and motor fuels from May 1, 2022 through May 1, 2023, and to provide conditions for the suspension and continuation of the excise taxes.
Gasoline Tax
Last Action
Read for the first time and referred to the House of Representatives committee on Transportation, Utilities and Infrastructure
3/29/2022