HB705 Alabama 2010 Session

Summary

Primary Sponsor

Chad Fincher

Republican

Session

Regular Session 2010

Title

Citronelle, oil and gas revenue, distrib. of portion to volunteer fire department in lieu of rescue squad, certain funds in escrow authorized to be distributed, Act 85-490, 1985 Reg. Sess. am'd.

Summary

HB705 creates a board to oversee and funnel a portion of Citronelle's oil and gas tax proceeds to the city's volunteer rescue squad fire department and the historical society, with dollar-for-dollar matching distributions.

What This Bill Does

It establishes a three-member board to manage the distribution of designated oil and gas proceeds to the official rescue squad fire department and the official historical society. It directs 20% of the city’s 4% oil and gas tax proceeds, up to $2,000 per month per entity, to the board and places these funds in a separate interest-bearing account. The board allocates funds on a dollar-for-dollar matching basis to the two entities and must file an annual disbursement report. If any funds are held in escrow at the act’s effective date, they will be distributed under this act.

Who It Affects

• Volunteer rescue squad fire department – eligible to receive funds through the new board and the matching program to support its operations.
• Citronelle Historical Society – eligible to receive funds through the new board and the matching program to support its activities.

Key Provisions

• Section 1 creates a three-person board (one from the rescue squad, one from the historical society, one from the city) to oversee distributions; appointees serve at the appointing authority's pleasure and without compensation.
• Section 2 directs 20% of all tax proceeds from the 4% Citronelle tax (up to $2,000 per month for each entity) to the board, deposited in a separate interest-bearing Citronelle account.
• Section 3 requires the board to allocate funds to the two entities on a dollar-for-dollar matching basis, with annual reports detailing all disbursements; it also states funds in escrow at the effective date will be distributed under this act.
• Effective date: the act takes effect on the first day of the third month after passage and governor approval.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Mobile County