Alabama 2022 Regular Session

Alabama Senate Bill SB308

Introduced
3/10/22  

Caption

Madison Co., Tennessee Valley Authority, payments in-lieu-of-taxes increased by Sec. 40-28-2, Code of Alabama 1975, portion of increases distrib. to county legislative delegation office, Sec. 45-45-161 am'd.

Impact

The bill's implementation is expected to affect local laws concerning tax collection and distribution of funds intended for public services in Madison County. By reallocating funds to the Madison County Legislative Delegation Office, the bill aims to enhance local decision-making capabilities and responsiveness to community needs. Moreover, the additional funds directed toward educational institutions could improve resource availability for school programs and infrastructure, thus positively influencing local education quality.

Summary

SB308 is a legislative bill aimed at amending the distribution methods of funds collected by the Tennessee Valley Authority in lieu of ad valorem taxes specifically for Madison County. The bill proposes changes to Section 45-45-161 of the Code of Alabama from 1975, detailing how payments received will now be allocated primarily towards supporting the Madison County Legislative Delegation Office and enhancing school funding through improved structures. The goal of these amendments is to ensure that the legislative body has adequate resources for effective governance and community support.

Contention

Notable points of contention surrounding SB308 may arise from concerns regarding the impact it could have on the overall budget allocation for schools versus the operational needs of the legislative office. Critics may argue that prioritizing the legislative office's funding could divert essential resources away from schools or other critical local services. Conversely, supporters may contend that a well-funded legislative office can better advocate for the needs and resources of the county as a whole, ultimately benefiting local education and infrastructure.

Companion Bills

No companion bills found.

Previously Filed As

AL SB162

Marshall County; Tennessee Valley Authority in-lieu-of-tax payments distribution

AL HB289

Marshall County; Tennessee Valley Authority (TVA) in-lieu-of-tax payments distribution

AL SB341

Marshall County, taxes in-lieu-of-tax payments distribution

AL HB487

Marshall County, taxes in-lieu-of-tax payments distribution

AL HB581

Morgan County, distribution of county's TVA in-lieu-of-taxes payments further provided for

AL SB276

Baldwin County, Legislative Office Fund and distributions from county privilege license tax further provided for

AL SB60

Alabama Corrections Institutions Finance Authority, maximum bonding authority increased

AL SB177

Alabama Film Office renamed, Entertainment Industry Incentive Act of 2009 amended, maximum expenditure threshold eligible for rebates increased, annual cap increased, unspent incentives carried forward

AL HB373

Alabama Film Office renamed, Entertainment Industry Incentive Act of 2009 amended, maximum expenditure threshold eligible for rebates increased, annual cap increased, unspent incentives carried forward

AL HB89

Shelby Co., library districts, board member election by Shelby County Legislative Delegation

Similar Bills

No similar bills found.