State Senator Gerald Allen (R-Tuscaloosa) this week emphasized the importance of legislation he worked to pass that extends the coal severance tax for 10 years, which will generate millions of dollars for his district.
HB 219 was signed into law by the governor last week.
Through 2031, that Allen-backed accomplishment will see $500,000 annually go to the Tuscaloosa County General Fund. Other governmental, nonprofit and economic development entities in West Alabama, including in Allen’s district, will also receive important funds.
“This legislation will provide for critically important funding for Tuscaloosa County. The extension of the coal severance tax will reinvest millions of dollars back into our community to promote educational, community and economic projects,” Allen stated.
“This bill was a key priority of mine this legislative session and I was glad to see it signed into law by Governor Ivey last week,” he continued. “I appreciate the support of my colleagues as I worked to pass this bill, including Senator Greg Reed and Representatives Bill Poole, Kyle South, Rodney Sullivan, Rich Wingo and others who recognized the importance of this funding and worked to move it through the legislature and to the Governor’s desk.”
The $0.135 per ton severance tax was first enacted in 1971.
Allen concluded, “I look forward to seeing what these important resources do for our community. Bringing financial and economic support to Tuscaloosa County will continue to be a top priority of mine in the Senate as I work to improve the quality of life for the citizens of Tuscaloosa.”
Sean Ross is the editor of Yellowhammer News. You can follow him on Twitter @sean_yhn
Don’t miss out! Subscribe today to have Alabama’s leading headlines delivered to your inbox.