Distribution of Proceeds From Severed Material Severance Tax.

  1. Law
  2. Code of Alabama
  3. Local Laws.
  4. Franklin County.
  5. Economic and Industrial Development and Tourism.
  6. Distribution of Proceeds From Severed Material Severance Tax.

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Section 45-30-90.01

Distribution of proceeds from severed material severance tax.

In Franklin County, any funds in the severed material severance tax fund remitted to the county pursuant to Section 40-13-58, for economic development, shall be distributed to the Franklin County Development Authority and used exclusively for economic development.

(Act 2012-453, §1.)


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