SB333 Alabama 2020 Session
Summary
- Primary Sponsor
Cam WardRepublican- Session
- Regular Session 2020
- Title
- Rebuild Alabama Act, portion of proceeds redistributed for small business stimulus fund, const. amend.
- Summary
A constitutional amendment would temporarily redirect Rebuild Alabama motor fuel tax funds to a Department of Commerce small business stimulus fund for two years after ratification, then return funds to highway-related uses.
What This Bill DoesIt would authorize the Legislature to move motor fuel excise taxes from the Rebuild Alabama Act to the Alabama Department of Commerce to create a small business stimulus fund for two years after the amendment is ratified. After the two-year period, the funds would revert to their original highway and traffic-related purposes under general law. The Department of Commerce would create rules describing how the money in the small business stimulus fund will be distributed.
Who It Affects- Small business owners and aspiring entrepreneurs in Alabama who could receive funding from the new small business stimulus fund.
- Alabama taxpayers and motorists, because motor fuel tax revenue currently used for highways and traffic enforcement would be redirected to the stimulus fund for two years and then revert.
Key ProvisionsAI-generated summary using openai/gpt-5-nano on Feb 23, 2026. May contain errors — refer to the official bill text for accuracy.- Amends Amendment 93, as amended by Amendment 354, to Section 111.06 of the Alabama Constitution to permit distribution of motor fuel excise taxes from the Rebuild Alabama Act to a small business stimulus fund for two years after ratification, with funds reverting afterward.
- The Alabama Department of Commerce shall promulgate rules on how monies in the small business stimulus fund will be distributed.
- Subjects
- Constitutional Amendments
Bill Actions
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Bill Text
Documents
Source: Alabama Legislature