Ala. Code § 40-21-55: Electric, Hydroelectric, Gas, or Any Other Public Utility - Distribution of Revenues.
Where this section sits in the code
- Title 40 Revenue and Taxation.
- Chapter 21 Public Utilities.
- 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