HB572 Alabama 2010 Session
Bill Summary
Currently, counties, cities, towns, and municipalities receiving a share of state revenues of the tax levied on severed oil and gas are prohibited from levying a broad range of local taxes related to oil and gas production
The bill would limit the prohibition on local taxation and clarify that local governmental entities would be prohibited from levying any tax on oil and gas severed and on which severance taxes have been paid to the state
To amend Section 40-20-2, Code of Alabama 1975, relating to taxes imposed on the severance of oil and gas and prohibitions against the levying of local taxes by counties, cities, towns, and municipalities upon oil and gas production, sale, and storage activities; to clarify that counties, cities, towns, and municipalities receiving a share of the proceeds of the state oil and gas severance taxes are prohibited from levying a local tax only on the severance of oil and gas on which severance taxes have been paid to the state.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 16, 2010 | Read for the first time and referred to the House of Representatives committee on County and Municipal Government |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB572 Alabama 2010 Session - Introduced |