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Alabama · Through Act 2026-611

Ala. Code § 40-21-55: Electric, Hydroelectric, Gas, or Any Other Public Utility - Distribution of Revenues.

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Where this section sits in the code
  1. Title 40 Revenue and Taxation.
  2. Chapter 21 Public Utilities.
  3. Article 2 License Taxes.

All revenues collected under the provisions of Section 40-21-53 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 General Fund.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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