HB351 Alabama 2022 Session
Summary
- Primary Sponsor
-
Lynn GreerRepublican - Session
- Regular Session 2022
- Title
- Related to Tennessee Valley Authority (T.V.A.) in-lieu-of-taxes payments, to revise the distribution of payments received by certain counties, to make nonsubstantive technical changes to update existing Code language to current style, Sec. 40-28-5 repealed; Sec. 40-28-2 am'd.
- Description
Under existing law, the state receives annual Tennessee Valley Authority (T.V.A.) in-lieu-of-taxes payments and those funds are allocated to counties served by the T.V.A. and the State General Fund.
This bill would revise the distribution of T.V.A. in-lieu-of-taxes payments received by certain counties and would make other nonsubstantive technical revisions to update existing Code language to current style.
This bill would also repeal Section 40-28-5, Code of Alabama 1975.
- Subjects
- Tennessee Valley Authority
Bill Actions
Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund
Bill Text
Documents
Source: Alabama Legislature