Alabama Code (Last Updated: November 28, 2014) |
Title45 LOCAL LAWS. |
Chapter30. FRANKLIN COUNTY. |
Article9. Economic and Industrial Development and Tourism. |
§45-30-90.01. Distribution of proceeds from severed material severance tax.
Latest version.
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In Franklin County, any funds in the severed material severance tax fund remitted to the county pursuant to Section 40-13-58, for economic development, shall be distributed to the Franklin County Development Authority and used exclusively for economic development.