Alabama § 45-2-245 Disposition of Proceeds from Offshore Oil and Gas Severance Taxes

Alabama Statutes

§ 45-2-245 — Disposition of Proceeds from Offshore Oil and Gas Severance Taxes

Alabama § 45-2-245

JurisdictionAlabama

Title 45Local Laws

Ch. 2Baldwin County

Art. 24Taxation

Part 6Tax, Severance

Subpart 1Distribution of Proceeds

This text of Alabama § 45-2-245 (Disposition of Proceeds from Offshore Oil and Gas Severance Taxes) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 45-2-245 (2026).

Text

In Baldwin County, the distribution of the producing county’s 10 percent share of the net amount of the proceeds from offshore oil and gas severance taxes as provided for in Section 40-20-8(a) as last amended by Act No. 83-889, H. 26 of the 1983 Fourth Special Session of the Legislature shall be as follows:

(1)Five percent shall be allocated and distributed to Faulkner State Junior College;

(2)Twenty-five percent shall be allocated and distributed to each municipality in the county on a per capita basis;

(3)Thirty-two and one-half percent shall be allocated and distributed to the Baldwin County Board of Education;

(4)Thirty-two and one-half percent shall be allocated and distributed to the county general fund; and

(5)Five percent shall be allocated and distributed to the Baldwin Count

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In Baldwin County, the distribution of the producing county’s 10 percent share of the net amount of the proceeds from offshore oil and gas severance taxes as provided for in Section 40-20-8(a) as last amended by Act No. 83-889, H. 26 of the 1983 Fourth Special Session of the Legislature shall be as follows:
(1) Five percent shall be allocated and distributed to Faulkner State Junior College;
(2) Twenty-five percent shall be allocated and distributed to each municipality in the county on a per capita basis;
(3) Thirty-two and one-half percent shall be allocated and distributed to the Baldwin County Board of Education;
(4) Thirty-two and one-half percent shall be allocated and distributed to the county general fund; and
(5) Five percent shall be allocated and distributed to the Baldwin County Indigent Care Board.