Alabama Statutes

§ 40-21-51 — Distribution of Revenues Generally

Alabama·Title 40 Revenue and Taxation·Ch. 21 Public Utilities·Art. 2 License Taxes

All revenues collected under the provisions of Section 40-21-50 shall, after deduction of the cost of collection, be distributed in the following manner:

(1)Eighty-five percent of the balance remaining after deduction of the cost of collection shall be deposited in the Special Mental Health Fund to be used for mental health purposes; and
(2)Fifteen percent of the balance remaining after deduction of the cost of collection shall be deposited in the State General Fund.

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Legislative History

(Acts 1971, No. 1417, p. 2420, §2.)

Nearby Sections

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