Alabama Statutes

§ 40-12-270 — Disbursement of Net Proceeds from License Taxes and Registration Fees; Secondary Road Committee Created

Alabama·Title 40 Revenue and Taxation·Ch. 12 Licenses·Art. 5 Motor Vehicles·Div. 1 General Provisions
(a)The moneys collected each month by the judge of probate from motor vehicle license taxes and registration fees, after deducting therefrom the amounts referred to in subdivisions (1) and (2) of subsection (a) of Section 40-12-269, the moneys remaining after making the deductions being referred to in this section as “the net proceeds,” shall be disbursed by the judge of probate as follows:
(1)That portion of the net proceeds that consists of additional amounts paid under the schedule of additional amounts set forth in subsection (b) of Section 40-12-248 shall be remitted by the judge of probate to the State Treasurer who shall distribute the amounts as follows: a. 64.75 percent of the amounts shall be distributed by the State Treasurer to the State of Alabama; b. 35.25 percent of the am

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Alabama § 40-12-270 (Disbursement of Net Proceeds from License Taxes and Registration Fees; Secondary Road Committee Created) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1935, No. 194, p. 256; Acts 1939, No. 397, p. 518; Code 1940, T. 51, §713; Acts 1949, No. 471, p. 688; Acts 1951, No. 314, p. 609; Acts 1961, No. 682, p. 974; Acts 1967, Ex. Sess., No. 223, p. 282, §8; Acts 1969, No. 780, p. 1395; Acts 1971, No. 1206, p. 2092, §3; Acts 1978, No. 579, p. 648; Acts 1984, No. 84-186, p. 286, §3; Act 2021-365, §1.)

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