Section 40-21-55 Electric, hydroelectric, gas, or any other public utility - Distribution of revenues. - Alabama Statutes

Section 40-21-55

Electric, hydroelectric, gas, or any other public utility - Distribution of revenues.

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.

(Acts 1971, No. 1412, p. 2406, §3.)