Public-domain · open source
OpenJurist

Ala. Code § 40-21-55

Electric, Hydroelectric, Gas, or Any Other Public Utility - Distribution of Revenues.

(Acts 1971, No. 1412, p. 2406, §3.)

All revenues collected under the provisions of Section 40-21-53 shall, after deduction of the cost of collection, be distributed in the following manner:

(1) Eighty-five percent of the balance remaining after deduction of the cost of collection shall be deposited in the Special Mental Health Fund to be used for mental health purposes; and

(2) Fifteen percent of the balance remaining after deduction of the cost of collection shall be deposited in the General Fund.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.