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33-13-10
Section 33-13-10 Bonds - State Docks Facilities Reserve Fund. There is hereby created a special
fund to be designated the State Docks Facilities Reserve Fund, which shall be held in and
constitute a part of the State Treasury and which shall be maintained until the principal
of and interest on the bonds (or any refunding bonds that may hereafter be issued to refund
any of the bonds) shall have been paid in full. As promptly as may be practicable following
each fiscal year of the state, commencing with the fiscal year ending September 30, 1976,
the state docks director shall determine the number of tons (each ton to be deemed to constitute
2,000 pounds) of general cargo that was handled by the State Docks Department during the said
fiscal year. Not later than 90 days after the end of each such fiscal year, the State Docks
Department shall pay into the said special fund whichever is the smaller of the following:
(1) An amount equal to $.03 for each ton (i.e., 2,000 pounds) of general...
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40-13-6
Section 40-13-6 Distribution of tax proceeds. (a) In each fiscal year when the funds then on
deposit in the special fund or funds created for retirement of the bonds equal the amount
needed to pay all the principal and interest becoming payable on the bonds within the succeeding
12 months and the funds then on deposit in the reserve fund or funds created for the bonds
equal the maximum principal and interest becoming due on the bonds in any one year, the severance
tax proceeds remaining in the Alabama State Docks Bulk Handling Facility Trust Fund, shall
be distributed as provided herein; provided however, that if at the end of any fiscal year
of the state, beginning with the fiscal year ending September 30, 1987, the Director of the
Alabama State Docks Department shall have notified the Director of Finance in writing, at
least five days prior to the close of the fiscal year, that the revenues to be derived by
the Alabama State Docks Department from the operations of its coal handling...
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40-17-371
Section 40-17-371 Cost of collection; distribution of tax proceeds. (a) The Alabama Department
of Revenue shall retain one-quarter of one percent (0.25%) of the tax proceeds, less any refunds,
from this additional excise tax on gasoline and diesel fuel for its cost of collection. The
department may adopt rules and such forms as may be necessary for the administration of the
excise tax provided for in this article. (b) Each month, prior to the remaining payments provided
in this article, up to $750,000 of the tax proceeds from the additional excise tax on gasoline
and up to $230,000 of the tax proceeds from the additional excise tax on diesel fuel shall
be distributed first to the Alabama Highway Finance Corporation for the payment of the principal
of and interest on bonds to be issued by it to finance improvements to the ship channel providing
access to the facilities of the Alabama State Docks, to the extent necessary for such purpose.
The amount distributed pursuant to this section...
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45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other powers
now or hereafter granted by law, the authority shall have the following powers, together with
all powers incidental thereto or necessary to the discharge thereof in corporate form: (1)
To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by the Jackson
County Commission which are required by law to be deposited to the credit of the Jackson County
Water Authority. c. The revenues derived from any water, sewer, or garbage system or facility
of the authority. (2) To pledge for payment of any bonds issued...
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40-13-5
Section 40-13-5 Deposit of proceeds; disbursement and appropriation of funds. (a) The entire
proceeds from the privilege or license tax levied by Section 40-13-2 shall be deposited in
the State Treasury to the credit of the Alabama State Docks Bulk Handling Facility Trust Fund.
The proceeds from the special handling charge provided for by Act No. 2306 of the 1971 Regular
Session of the Legislature shall be deposited in the State Treasury to the credit of a fund
to be created and known as the Special Handling Charge Fund. (b) The amounts deposited into
such funds shall be disbursed and are hereby appropriated to the extent necessary for such
purpose, to pay at their respective maturities, or to redeem under the terms thereof, principal
of and interest on any revenue bonds that may at any time be issued pursuant to authorization
and any statute adopted at the 1971 Regular Session of the Alabama Legislature or at any other
legislative session prior thereto for the purpose of constructing...
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41-10-516
Section 41-10-516 Special funds. For the purpose of providing funds for the payment of the
principal of and interest on the bonds issued by the authority under the provisions of this
article, there is hereby created and irrevocably pledged to the payment of such obligations
a special and continuing trust fund which shall consist of all receipts and income from rents
contracted for and received by the authority under leases of the facility or facilities constructed
with the proceeds from the sale of the bonds. There shall be created within said special and
continuing trust fund a reserve fund account of said authority in the State Treasury in which
shall be placed as trust fund and held separate and apart from all other moneys of the state
or of the authority, (1) any moneys left after the completion of the facility and the payment
of all costs in connection therewith and in connection with the issuance of the bonds, and,
(2) all excess rentals and other surplus income from the facility...
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41-10-64
Section 41-10-64 Special and continuing trust fund for payment of principal and interest on
bonds of authority and maintenance, etc., of facilities thereof. For the purpose of providing
funds for the payment of the costs and expenses necessary to accomplish the purpose of this
authority and for the payment of the principal of and interest on any bonds issued by the
authority under the provisions of this article, there is hereby created and irrevocably pledged
to the payment of such obligations a special and continuing trust fund which shall consist
of all revenues, receipts and income from rents contracted for and received by the authority
and all revenues, receipts and income received by the authority from any other source whatsoever.
There shall be created within said special and continuing trust fund a reserve fund account
of said authority in the State Treasury, in which shall be placed as a trust fund and held
separate and apart from all other moneys of the state or of the...
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33-2-60
Section 33-2-60 Definitions. The words and phrases hereinafter set forth, wherever used in
this article, shall have the respective meanings hereinafter ascribed to them. These definitions
shall include both the singular and the plural. (1) 1957 DOCKS AMENDMENT. Amendment 116 of
the Constitution of Alabama. (2) THE STATE. The State of Alabama. (3) THE DEPARTMENT. The
Alabama State Docks Department and any department or agency of the state that may succeed
to its duties. (4) DOCK FACILITIES. Docks and all kinds of dock facilities, including elevators,
warehouses, water and rail terminals, wharves, piles, quays, compresses, storm haven facilities
for all types of watercraft, channels between navigable waterways of the state for the purpose
of connecting such waterways and aiding the use thereof and other related structures, facilities
and improvements that may be needed for the convenient use of the same. (5) 1957 DOCKS ACT.
Article 1 of this chapter. (6) 1959 DOCKS ACT. Article 2 of this...
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33-2-120
Section 33-2-120 Definitions. The words and phrases hereinafter set forth, wherever used in
this article, shall have the respective meanings hereinafter ascribed to them: (1) 1967 DOCKS
AMENDMENT. Amendment 274 of the Constitution of Alabama. (2) 1957 DOCKS AMENDMENT. Amendment
116 of the Constitution of Alabama. (3) THE STATE. The State of Alabama. (4) THE DEPARTMENT.
The Alabama State Docks Department and any department or agency of the state that may succeed
to its duties. (5) FACILITIES. Elevators, warehouses, docks, water and rail terminals, wharves,
piles, quays, compresses, storm haven facilities for all types of watercraft, channels between
navigable waterways of the state for the purpose of connecting such waterways and aiding the
use thereof, and other related structures, facilities and improvements, that may be needed
for the convenient use of the same. (6) 1957 DOCKS ACT. Article 1 of this chapter. (7) 1959
DOCKS ACT. Article 2 of this chapter. (8) 1961 DOCKS ACT. Article 3...
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33-2-150
Section 33-2-150 Definitions. The words and phrases hereinafter set forth, wherever used in
this article, shall have the respective meanings hereinafter ascribed to them: (1) 1969 DOCKS
AMENDMENT. Amendment 288 of the Constitution of Alabama. (2) 1967 DOCKS AMENDMENT. Amendment
274 of the Constitution of Alabama. (3) 1957 DOCKS AMENDMENT. Amendment 116 of the Constitution
of Alabama. (4) THE STATE. The State of Alabama. (5) THE DEPARTMENT. The Alabama State Docks
Department and any department or agency of the state that may succeed to its duties. (6) FACILITIES.
Elevators, warehouses, docks, water and rail terminals, wharves, piles, quays, compresses,
storm haven facilities for all types of watercraft, channels between navigable waterways of
the state for the purpose of connecting such waterways and aiding the use thereof, and other
related structures, facilities and improvements, that may be needed for the convenient use
of the same. (7) 1957 DOCKS ACT. Article 1 of this chapter. (8)...
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