HB516 Alabama 2022 Session

Updated Apr 1, 2022

Summary

Primary Sponsor: Dexter Grimsley
Democrat
Session: Regular Session 2022
Title: Taxation, gasoline and motor fuels taxes, portion of state excise taxes suspended on gasoline and motor fuels from May 1, 2022, until September 1, 2022.
Description: Under existing law, the state levies excise taxes on gasoline at a total rate of $.28 per gallon, and on motor fuels at a total rate of $.29 per gallon, effective October 1, 2021.
This bill would suspend a portion of the state excise taxes on gasoline and motor fuels from May 1, 2022, until September 1, 2022, or until such time as the average monthly price per gallon of gasoline and motor fuels is at or below the average monthly price for January 2022.
Subjects: Taxation

Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund