HB516 Alabama 2022 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Taxation, gasoline and motor fuels taxes, portion of state excise taxes suspended on gasoline and motor fuels from May 1, 2022, until September 1, 2022.
Description
Under existing law, the state levies excise taxes on gasoline at a total rate of $.28 per gallon, and on motor fuels at a total rate of $.29 per gallon, effective October 1, 2021
This bill would suspend a portion of the state excise taxes on gasoline and motor fuels from May 1, 2022, until September 1, 2022, or until such time as the average monthly price per gallon of gasoline and motor fuels is at or below the average monthly price for January 2022
Related to gasoline and motor fuels taxes; to suspend a portion of the state excise taxes on gasoline and motor fuels from May 1, 2022, until September 1, 2022; to provide conditions for the suspension and continuation of the excise taxes; and to provide an effective date.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 17, 2022 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB516 Alabama 2022 Session - Introduced |