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Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-1-31

Distribution of Revenues Collected

Official textalison.legislature.state.al.us

All revenues collected under the provisions of Sections 40-12-128, 40-12-310 through 40-12-319, 40-25-1 through 40-25-28 and 40-25-40 through 40-25-47 shall, after deduction of the cost of collection, be deposited in the State Treasury to the credit of the Alabama Education Trust Fund. All revenues collected under the provisions of Sections 40-21-56, 40-21-57, 40-21-60, and 40-21-61 shall, after deduction of the cost of collection, be distributed in the following manner:

# (1)

Fifty-eight 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)

Forty-two percent of the balance remaining after deduction of the cost of collection shall be deposited in the State Treasury to the credit of the Alabama Education Trust Fund to be used for educational purposes.

Last amended: Acts 1935, No. 194, p. 256; Code 1940, T. 51, §910; Acts 1971, No. 1414, p. 2410; Acts 1992, No. 92-623, p. 1466, §15.

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In this chapter (40 sections)
  1. 40-1-9 · Equalization of Taxation of State and National Banks
  2. 40-1-10 · Duty of Salaried Officers as to Disposition of Fees Collected
  3. 40-1-13 · Defense of Actions Involving Revenue Laws
  4. 40-1-14 · Payment of Court Costs
  5. 40-1-15 · Execution Sufficient Warrant for Levy
  6. 40-1-16 · Copies of Books, Records, Papers, Etc., Admitted in Evidence
  7. 40-1-17 · Judgment on Verdict in Favor of State Against Officers
  8. 40-1-18 · Falsely Returning List of Taxpayer as Sworn To
  9. 40-1-19 · Bank Officer Failing to Make, Swear To, and Deliver Required…
  10. 40-1-20 · Taxing Authorities Acting as Attorney for Taxpayer
  11. 40-1-21 · Access to Books and Records of Revenue Officers
  12. 40-1-22 · Penalty for Officers Who Neglect Duty
  13. 40-1-23 · Liability of Officers for Conversion
  14. 40-1-24 · Duty of Sheriff in Selling Property Under Execution, Etc
  15. 40-1-25 · Dealing in State Securities
  16. 40-1-26 · Falsely and Fraudulently Procuring State Warrants
  17. 40-1-27 · Payment of Taxes by Lienors
  18. 40-1-28 · Impeachment of Officers
  19. 40-1-29 · Form of Notices to Taxpayers
  20. 40-1-30 · Notice Required to Be Given by Registered Mail May Be Given…
  21. 40-1-31 · Distribution of Revenues Collected
  22. 40-1-31.1 · Disposition of Certain Fees
  23. 40-1-31.2 · Elimination of Payments of Less Than Five Dollars to…
  24. 40-1-32.1 · Education Trust Fund Proration Prevention Act
  25. 40-1-35 · Enforcement of Liability for Taxes Imposed by Other States
  26. 40-1-37 · Ratification of Certain Municipal or County Elections as to…
  27. 40-1-38 · Trial Tax
  28. 40-1-39 · Prompt Returns, Reports, Payments, and Settlements
  29. 40-1-40 · Actions Against Officers
  30. 40-1-41 · Correction of Settlements of Assessors
  31. 40-1-42 · Overpayments into State Treasury
  32. 40-1-43 · Misuse of Federal Tax Returns or Information Therefrom by…
  33. 40-1-44 · Interest on Delinquent Taxes and Overpayments
  34. 40-1-45 · Timely Mailing Treated as Timely Filing and Paying
  35. 40-1-46 · Payment to Certain Certified Appraisers, Mappers, or Tax…
  36. 40-1-47 · Investment of Ad Valorem Taxes
  37. 40-1-48 · Investment of Ad Valorem Taxes - Use of Special Funds
  38. 40-1-49 · Suspension of Collection When Costs Exceed Amounts Collected
  39. 40-1-50 · Reporting Requirements of State Agencies Administering…
  40. 40-1-51 · Requirements for Tax Credit Legislation; Taxpayer Reporting…
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