Section 40-23-85 Disposition of funds derived from tax. - Alabama Statutes

Section 40-23-85

Disposition of funds derived from tax.

All taxes, fees, interest or penalties imposed and all amounts of tax herein required to be paid to the state under this article must be paid to the Department of Revenue at Montgomery, Alabama, with remittance payable to the Treasurer of Alabama. Such amount of money as shall be appropriated for each fiscal year by the Legislature to the Department of Revenue with which to pay the salaries, the cost of operation and the management of the said department shall be deducted, as a first charge thereon, from the taxes collected under and pursuant to Section 40-23-61; provided, that the expenditure of said sum so appropriated shall be budgeted and allotted pursuant to Article 4 of Chapter 4 of Title 41, and limited to the amount appropriated to defray the expenses of operating said department for each fiscal year. The balance of the tax collected under and pursuant to said Section 40-23-61 shall remain in the State Treasury to the credit of the Education Trust Fund and shall be withdrawn as other moneys in said fund.

(Acts 1939, No. 67, p. 96; Acts 1939, No. 376, p. 502; Code 1940, T. 51, §808; Acts 1951, No. 840, p. 1471.)