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AL HB434

Bill

Official Source

Status

Introduced

2/12/2026

Primary Sponsor

Christopher England

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Reduces the State General Fund share of simplified sellers use tax (SSUT) proceeds from 50% to 37.5% and the Education Trust Fund share from 25% to 11.25%
  • Creates a new 1.25% allocation directly to local boards of education, distributed based on each board's average daily membership relative to statewide totals
  • Decreases county allocations from 25% to 20% and increases municipal allocations from 25% to 30%, both distributed by population ratios from the most recent federal census
  • Changes distribution timing for local education boards, counties, and municipalities from quarterly to monthly
  • Effective date: October 1, 2026

Legislative Description

Simplified sellers use tax, distribution of proceeds revised

Taxation & Revenue

Last Action

Pending House Ways and Means Education

2/12/2026

Committee Referrals

Ways and Means Education2/12/2026

Full Bill Text

No bill text available