HB747 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Taxation, realignment of distribution of use tax on automobiles to provide additional funding for State General Fund, Sec. 40-23-85 am'd
Description
<p class="bill_description"> Currently, after Department of Revenue
expenditures, the disposition of funds derived from
use tax remain in the State Treasury to the credit
of the Education Trust Fund and are withdrawn as
other moneys in said fund. This bill realigns the
distribution of said use tax to allow for
additional funding to the General Fund</p><p class="bill_entitled_an_act"> To amend Section 40-23-85, Code of Alabama 1975 to
provide further distribution of use tax funds.
</p>
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 24, 2012 | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB747 Alabama 2012 Session - Introduced |