SB76 Alabama 2023 Session
Bill Summary
Under existing law, the first 85 percent of the proceeds from the state license tax on certain public utilities is allocated to the Special Mental Health Fund and the remaining 15 percent is allocated to the State General Fund
This bill would further provide for the distribution of those funds by crediting a portion to the Alabama Forestry Commission to be distributed for the purposes of providing grants for logging workforce development, researching, and implementing technologies that promote forest product harvesting and transportation efficiencies, and to counties for maintaining and constructing public rural bridges
Relating to the Alabama Forestry Commission; to establish the Rural Logging Support Act of 2023; to provide for the distribution funding to the Alabama Forestry Commission to support rural economic development; and to amend SB76 INTRODUCED Section 40-21-51, Code of Alabama 1975, to further provide for the distribution of certain state revenues collected on the state license tax of certain public utilities.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 21, 2023 | S | Read First Time in House of Origin |
| March 21, 2023 | S | Introduced and Referred to Senate Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB76 Alabama 2023 Session - Introduced |