House Bill 114 Alabama 2026 Session

Summary

Primary Sponsor

Chris Sells Representative

Republican

Session

2026 Regular Session

Title

Surety bonds and motor fuel assessments; filing period for new or replacement surety bonds extended, payment period for assessments on illegally imported or transported motor fuels extended

Description

Under existing law, certain sellers and fleet producers of compressed or liquefied natural gas and certain suppliers, importers, exporters, distributors, blenders, and terminal operators of motor fuels have 30 days to file a new or replacement bond once notified by the Alabama Department of Revenue.

This bill would extend the current 30-day filing period for new or replacement bonds.

Under existing law, when an entity unlawfully imports into or transports, delivers, stores, or sells motor fuels in Alabama, the Alabama Department of Revenue will make an assessment, including interest and penalties, which must be paid within 30 days.

This bill would extend the current 30-day payment period for assessments made on unlawfully imported or transported motor fuels.

This bill would also make nonsubstantive, technical revisions to update the existing code language to current style.

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Subjects

Taxation & Revenue