Alabama Statutes

§ 45-49-248 — Disposition of Funds from Oil and Gas Severance Tax

Alabama·Title 45 Local Laws·Ch. 49 Mobile County·Art. 24 Taxation·Part 9 Tax, Severance
(a)The County Commission of Mobile County shall distribute and pay all funds received by Mobile County under subsection (a) of Section 40-20-8, as amended, relating to the levy and distribution of a privilege tax on the production of oil and gas from offshore, as follows:
(1)Thirty-five percent to the County Commission of Mobile County to be used for county purposes.
(2)Thirty percent to the Mobile County Indigent Care Board which shall be used for the medical care and treatment of medically indigent citizens of the county and under Subpart 3, commencing with Section 45-49-171.40, Part 2, Article 17, of this chapter.
(3)Thirty-five percent to the Mobile County Board of Education which shall be placed in a special account by the board for the purpose of capital outlay projects within th

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Alabama § 45-49-248 (Disposition of Funds from Oil and Gas Severance Tax) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Act 85-686, p. 1100, §§1, 2.)

Nearby Sections

15
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