| 1 | 1 | | 1 HB526 |
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| 2 | 2 | | 2 218918-1 |
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| 3 | 3 | | 3 By Representatives Mooney, Wingo, Hanes, Meadows, Bedsole, |
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| 4 | 4 | | 4 Whorton, Sorrell, Holmes and Fincher |
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| 5 | 5 | | 5 RFD: Transportation, Utilities and Infrastructure |
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| 6 | 6 | | 6 First Read: 29-MAR-22 |
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| 7 | 7 | | |
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| 8 | 8 | | Page 0 1 218918-1:n:03/14/2022:KF/cmg LSA2022-152F |
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| 9 | 9 | | 2 |
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| 10 | 10 | | 3 |
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| 11 | 11 | | 4 |
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| 12 | 12 | | 5 |
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| 13 | 13 | | 6 |
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| 14 | 14 | | 7 |
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| 15 | 15 | | 8 SYNOPSIS: Under existing law, the state levies excise |
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| 16 | 16 | | 9 taxes on gasoline at a total rate of $.28 per |
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| 17 | 17 | | 10 gallon, and on motor fuels at a total rate of $.29 |
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| 18 | 18 | | 11 per gallon, effective October 1, 2021. |
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| 19 | 19 | | 12 This bill would suspend a portion of the |
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| 20 | 20 | | 13 state excise taxes on gasoline and motor fuels from |
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| 21 | 21 | | 14 May 1, 2022, until May 1, 2023, or until such time |
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| 22 | 22 | | 15 as the average monthly price per gallon of gasoline |
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| 23 | 23 | | 16 and motor fuels is at or below the average monthly |
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| 24 | 24 | | 17 price for January 2022. |
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| 25 | 25 | | 18 |
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| 26 | 26 | | 19 A BILL |
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| 27 | 27 | | 20 TO BE ENTITLED |
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| 28 | 28 | | 21 AN ACT |
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| 29 | 29 | | 22 |
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| 30 | 30 | | 23 Related to gasoline and motor fuels taxes; to |
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| 31 | 31 | | 24 suspend a portion of the state excise taxes on gasoline and |
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| 32 | 32 | | 25 motor fuels from May 1, 2022, until May 1, 2023; to provide |
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| 33 | 33 | | 26 conditions for the suspension and continuation of the excise |
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| 34 | 34 | | 27 taxes; and to provide an effective date. |
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| 35 | 35 | | Page 1 1 BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: |
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| 36 | 36 | | 2 Section 1. (a) For a period beginning May 1, 2022, |
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| 37 | 37 | | 3 until May 1, 2023, the state excise taxes on gasoline and |
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| 38 | 38 | | 4 motor fuels levied pursuant to Section 40-17-370, Code of |
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| 39 | 39 | | 5 Alabama 1975, shall be suspended. |
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| 40 | 40 | | 6 (b) The Department of Revenue may lift the excise |
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| 41 | 41 | | 7 tax suspension provided in subsection (a) and reinstate the |
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| 42 | 42 | | 8 excise taxes levied pursuant to Section 40-17-370, Code of |
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| 43 | 43 | | 9 Alabama 1975, if the average Alabama monthly price of gasoline |
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| 44 | 44 | | 10 or motor fuels for any month during the suspension period is |
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| 45 | 45 | | 11 reduced to an amount that is at or below the average price for |
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| 46 | 46 | | 12 the month of January 2022, as reported by the United States |
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| 47 | 47 | | 13 Energy Information Administration. |
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| 48 | 48 | | 14 (c) The Department of Revenue may adopt rules as |
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| 49 | 49 | | 15 necessary to implement this section. |
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| 50 | 50 | | 16 Section 2. This act shall become effective |
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| 51 | 51 | | 17 immediately upon its passage and approval by the Governor, or |
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| 52 | 52 | | 18 its otherwise becoming law. |
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| 53 | 53 | | Page 2 |
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