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Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-17-331

Floor-Stocks Tax on Motor Fuel

Official textalison.legislature.state.al.us

# (a)

There is hereby imposed a floor-stocks tax on motor fuel held in inventory outside of the bulk transfer/terminal system on the effective date of the tax increase and on the date of each subsequent tax increase levied by the Rebuild Alabama Act.

# (b)

Each rate of the tax imposed by this section shall be the incremental amount of tax imposed under the Rebuild Alabama Act.

# (c)

Any wholesale distributor holding motor fuel in inventory outside of the bulk transfer/terminal system on the effective date of each tax increase levied by the Rebuild Alabama Act shall be liable for the tax.

# (d)

The tax imposed by the Rebuild Alabama Act shall be paid on or before the last day of the third month following each tax increase and shall be paid in the manner prescribed by the department.

Last amended: Act 2011-565, p. 1084, §12; Act 2019-2, 1st Sp. Sess., §3.

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In this chapter (40 sections)
  1. 40-17-300 · Definitions
  2. 40-17-301 · Purposes
  3. 40-17-302 · Eligibility for Refund; Amount
  4. 40-17-303 · Filing and Form of Claim for Refund
  5. 40-17-304 · Time for Filing Claim
  6. 40-17-305 · Payment of Refund; Appropriation
  7. 40-17-306 · Powers of Commissioner of Revenue
  8. 40-17-307 · Assessment of Tractors for Ad Valorem Tax
  9. 40-17-308 · False or Fraudulent Claims
  10. 40-17-320 · Short Title
  11. 40-17-321 · Legislative Intent
  12. 40-17-322 · Definitions
  13. 40-17-323 · Promulgation of Rules; Reporting Forms or Format
  14. 40-17-324 · Exchange of Information with Other States
  15. 40-17-325 · Levy of Excise Tax; Rates
  16. 40-17-326 · Taxable Activities; Terminal Operators Deemed Suppliers;…
  17. 40-17-327 · Taxable Unaccounted for Motor Fuel Losses at a Terminal
  18. 40-17-328 · Fuels on Which Tax Is Levied; Who Is Liable for Tax
  19. 40-17-329 · Exemptions
  20. 40-17-330 · Refund Petitions and Claims
  21. 40-17-331 · Floor-Stocks Tax on Motor Fuel
  22. 40-17-332 · Licenses Required
  23. 40-17-333 · Application for License
  24. 40-17-334 · Licensed Permissive Suppliers
  25. 40-17-335 · Surety Bond. (Amended by Act 2026-528)
  26. 40-17-336 · Refusal to Issue License; Appeal
  27. 40-17-337 · Issuance of License; Nontransferability
  28. 40-17-338 · Discontinuance of Business by a Licensee
  29. 40-17-339 · Cancellation of License
  30. 40-17-340 · Filing of Monthly Return and Payment Due
  31. 40-17-341 · Remitting of Taxes Due to Supplier or Permissive Supplier
  32. 40-17-342 · Requirements for Returns
  33. 40-17-343 · Deductions from Monthly Return for Payments Not Previously…
  34. 40-17-344 · Payments Held in Trust for the State; Notification of…
  35. 40-17-345 · Import Verification Number; Licensing
  36. 40-17-346 · Monthly Exporter Returns
  37. 40-17-347 · Monthly Informational Report of Terminal Operators; Annual…
  38. 40-17-348 · Monthly Informational Report of Motor Fuel Transporter
  39. 40-17-349 · Violations
  40. 40-17-350 · Transportation of Motor Fuel; Inspections
Full table of contents →