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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2022 Alabama Legislative Regular Session
  5. 2022 Alabama House Bills
  6. HB351 Alabama 2022 Session

HB351 Alabama 2022 Session

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In Committee

Bill Summary

Sponsors
  • Lynn Greer
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counties, to make nonsubstantive technical changes to update existing Code language to current style, Sec. 40-28-5 repealed; Sec. 40-28-2 am'd.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

Relating to Tennessee Valley Authority in-lieu-of taxes payments; to amend Section 40-28-2, Code of Alabama 1975, to provide further for the distribution of proceeds to served counties; to make other nonsubstantive technical revisions to update the existing Code language to current style; and repeal Section 40-28-5, Code of Alabama 1975.

Subjects
Tennessee Valley Authority

Bill Actions

Action DateChamberAction
February 15, 2022HRead for the first time and referred to the House of Representatives committee on Ways and Means General Fund

Bill Text

Download HB351 Alabama 2022 Session PDF

Bill Documents

TypeLink
Bill Text HB351 Alabama 2022 Session - Introduced
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