HB602 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Taxation, creation of Aviation Trust Fund, distribution of proceeds, Act 2011-565, 2011 Reg. Sess. am'd; Sec. 40-17-329 am'd
Description
<p class="bill_description"> Under existing law, a tax is levied on
aviation gasoline and aviation jet fuel</p><p class="bill_description">
This bill would require the Alabama
Department of Transportation to establish the State
Aviation Trust Fund</p><p class="bill_description">
This bill would provide for the distribution
of the proceeds from the tax imposed on aviation
gasoline and jet fuel sold from certain locations</p><p class="bill_entitled_an_act"> To amend Section 10 of Act 2011-565, 2011 Regular
Session, now appearing as Section 40-17-329 of the Code of
Alabama 1975, relating to the tax on aviation gasoline and
aviation jet fuel; to require the Alabama Department of
Transportation to establish the State Aviation Trust Fund; and
to provide for the distribution of the proceeds from the tax
imposed on aviation gasoline and jet fuel sold from certain
locations.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 22, 2012 | Read for the first time and referred to the House of Representatives committee on Transportation, Utilities and Infrastructure |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB602 Alabama 2012 Session - Introduced |