SB416 Alabama 2011 Session

Summary

Primary Sponsor

Roger Bedford, Jr.

Democrat

Session

Regular Session 2011

Title

Coal, excise and privilege tax, termination date specified, Sec. 40-13-8 am'd.

Summary

SB416 would terminate the coal severance excise and privilege tax on October 1, 2016 unless the Legislature extends it.

What This Bill Does

It amends Section 40-13-8 to set an expiration date for the coal severance tax. If the Legislature does not extend it, the tax ends on October 1, 2016. The change affects the state's tax law and potential revenue from coal severance and takes effect immediately after passage and governor approval.

Who It Affects

• Coal mining companies and other entities that pay the coal severance excise and privilege tax would see the tax end on the expiration date unless extended.
• Alabama state and local government revenue could be affected by potential loss of coal severance tax income.

Key Provisions

• Amends Section 40-13-8 to specify that the excise and privilege tax on coal severance terminates on October 1, 2016 unless extended by the Legislature.
• The Legislature must pass an act to extend the tax beyond the termination date; the measure becomes law immediately 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

Taxation