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45-30-243
Section 45-30-243 Disposition of privilege tax on production. The proceeds of the oil and gas
severance tax provided by Sections 40-20-1 to 40-20-13, inclusive, which are distributed to
the county General Fund of Franklin County, or to the general fund of any municipality therein
shall be distributed only one time in a four-year period or at any time when the proceeds
equal ten thousand dollars ($10,000) or more as follows: (1) Fifty percent of the money shall
be distributed to the Franklin County Commission and expended at the discretion of the county
commission. (2) Thirty percent of the money shall be distributed to the city and county boards
of education on an average daily attendance basis using the State Department of Education's
percentage distribution ratio for dividing funds between the Franklin County and Russellville
City school systems. (3) Five percent shall go to the county sheriff's department for law
enforcement purposes and for use in alcohol and drug abuse programs....
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9-17-24
Section 9-17-24 Notification requirement; hearing; fees; Alabama Oil and Gas Board Special
Fund. (a) Any person desiring or proposing to drill any well in search of oil or gas or any
person proposing to drill a Class II injection well as defined in the Federal Safe Drinking
Water Act, 42 U.S.C. § 300f et seq., before commencing the drilling of any such well, shall
notify the State Oil and Gas Supervisor upon the form as the State Oil and Gas Supervisor
may prescribe and shall pay to the State Treasurer a fee of three hundred dollars ($300) for
each well. The drilling of any well is hereby prohibited until notice is given and the fee
has been paid as herein provided. The State Oil and Gas Supervisor shall have the power and
authority to prescribe that the form indicate the exact location of the well, the name and
address of the owner, operator, contractor, driller, and any other person responsible for
the conduct of drilling operations, the proposed depth of the well, the elevation of...
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40-20-12
Section 40-20-12 Exemption from ad valorem taxes. (a) All oil or gas produced, all leases in
production, including mineral rights in producing properties, and all oil or gas under the
ground on producing properties within the State of Alabama shall be exempt from all ad valorem
taxes now levied or hereafter levied by the State of Alabama or by any county or municipality.
No additional assessment shall be added to the surface value of such lands by the presence
of oil or gas thereunder or its production therefrom. (b) For the purpose of this article,
the area of a lease or leases, including oil and gas rights considered to be in production,
or the area of any other producing property considered to be in production, shall include
an oil or gas drilling unit as established by the State Oil and Gas Board of Alabama and shall
be exempt from ad valorem taxation because of production from any one well. (Acts 1945, No.
2, p. 20, §12; Acts 1957, No. 600, p. 859.)...
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9-17-14
Section 9-17-14 Limitations upon rules, regulations or orders establishing limits on production
allowable within state or from separate pools; production of more than established allowable
production or production in unauthorized manner. (a) Whenever the board limits the total amount
of oil or gas which may be produced in this state, the limit so fixed shall not be less than
the aggregate of the allowables fixed for each separate pool in this state for the prevention
of waste in accordance with the foregoing definition of waste, plus the production from unrestricted
pools, and it shall allocate or distribute the allowable so fixed among the separate pools.
Such allocation or distribution among the pools of the state shall be made on a reasonable
basis, giving to each pool with small wells of settled production an allowable production
which will not accelerate or encourage a general premature abandonment of the wells in the
pool. (b) Whenever the board limits the total amount of oil or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-17-14.htm - 2K - Match Info - Similar pages
45-27-246.30
Section 45-27-246.30 Trust fund. (a) The Legislature recognizes that there has been a certain
windfall to Escambia County paid during the fiscal year 1983-84 and arising under the oil
and gas severance tax levied under provisions of Section 40-20-2, and distributed under Section
40-20-8. The legislative intent of this section is to establish a trust fund, the corpus of
which is to be composed of four million dollars ($4,000,000) from the oil and gas severance
tax paid to Escambia County during the fiscal year of 1983-84 together with 20 percent of
the annual income thereon each year during the existence of this trust beginning with the
fiscal year 1984-85. (b) Subject to any limitation of the Constitution of Alabama of 1901,
or of any general law of this state, the Escambia County Commission shall establish a trust
fund which shall be entitled the Escambia County Oil and Gas Severance Trust and which shall
hereafter in this section be referred to as the trust. The Escambia County...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-27-246.30.htm - 3K - Match Info - Similar pages
9-17-34
Section 9-17-34 Additional definitions. In addition to the definitions contained in Section
9-17-1, which shall apply for the purpose of computing the tax as provided in Section 9-17-35,
except to the extent there is a conflict with the definitions contained herein, the following
definitions shall apply for the purpose of computing the tax as provided in Section 9-17-35:
(1) Gross Proceeds. The gross proceeds for a month shall be the sum of the month's market
proceeds and non-market proceeds. No adjustments or deductions may be taken from the market
proceeds or the non-market proceeds in computing gross proceeds. (2) Market Proceeds. The
market proceeds for a month shall be the sum of the amounts due under all market sales transactions
during the month. The amount due under each market sales transaction shall be determined by
multiplying the unit sales price by the volume of severed oil or gas sold in each transaction.
(3) Market Sales Transaction. An agreement or contract for the sale...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-17-34.htm - 5K - Match Info - Similar pages
9-17-137
Section 9-17-137 Plugging fees payable into fund; investment and use of fund. (a) In addition
to the requirements and fees provided for in Section 9-17-24(a), any person desiring, after
April 25, 1990, to drill any coalbed methane gas well in this state shall pay to the state
a plugging fee of $150.00 respecting each such well desired to be drilled, such plugging fees
to be deposited with the State Treasurer in the fund; provided, however, that no plugging
fees shall be required to be paid during any time when the unobligated balance of the fund
shall exceed the sum of $1,000,000. Any provisions of law to the contrary notwithstanding,
no permit for the drilling of any coalbed methane gas well shall be issued by the board until
the fee provided for in this section shall be paid, if due. (b) The moneys in the fund shall
be invested by the State Treasurer of Alabama in the same manner as state funds generally;
provided, however, that only 50 percent of all interest and earnings accruing...
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40-12-222
Section 40-12-222 Levy and amount of tax. (a) In addition to all other taxes now imposed by
law, there is hereby levied and shall be collected as herein provided a privilege or license
tax on each person engaging or continuing within this state in the business of leasing or
renting tangible personal property at the rate of four percent of the gross proceeds derived
by the lessor from the lease or rental of tangible personal property; provided, that the privilege
or license tax on each person engaging or continuing within this state in the business of
leasing or renting any automotive vehicle or truck trailer, semitrailer, or house trailer
shall be at the rate of one and one-half percent of the gross proceeds derived by the lessor
from the lease or rental of such automotive vehicle or truck trailer, semitrailer, or house
trailer; provided further, that the tax levied in this article shall not apply to any leasing
or rental, as lessor, by the state, or any municipality or county in the...
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40-20-35
Section 40-20-35 Tax to be in lieu of ad valorem taxes; exemption of nonproducing leasehold
and other interests from ad valorem taxes. The mineral documentary tax levied above shall
be in lieu of all ad valorem taxes and all nonproducing leasehold interests upon all oil,
gas and other minerals in, on or under lands lying within the State of Alabama, created or
assigned after October 12, 1957, and also all nonproducing interests in such oil, gas and
other minerals, including royalty interests therein, hereafter conveyed to a grantee or purchaser
or excepted or reserved to a grantor separately and apart from the surface shall be exempt
from all ad valorem taxes levied on or after October 1, 1957, by the State of Alabama, or
any county, municipality, school district, or other taxing district within the state or becoming
a lien on or after said date. Any sale for taxes of the surface or of the remainder of the
fee shall not in any manner whatsoever affect the interest or interests hereby...
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40-23-61
Section 40-23-61 Property taxed; persons liable. (a) An excise tax is hereby imposed on the
storage, use or other consumption in this state of tangible personal property, not including,
however, materials and supplies bought for use in fulfilling a contract for the painting,
repairing or reconditioning of vessels, barges, ships, other watercraft and commercial fishing
vessels of over five tons load displacement as registered with the U.S. Coast Guard and licensed
by the State of Alabama Department of Conservation and Natural Resources, purchased at retail
on or after October 1, 1965, for storage, use or other consumption in this state at the rate
of four percent of the sales price of such property or the amount of tax collected by the
seller, whichever is greater; provided, however, when the seller follows the Department of
Revenue's suggested use tax brackets and his records prove that his following said brackets
resulted in a net undercollection of tax for the month, he may report...
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