DO YOU KNOW ABOUT the Rebuild Alabama Act?
/The Rebuild Alabama Act (also known as the “Gas Tax Bill”,) was passed earlier this year for the purpose of raising revenue toward maintenance & construction of Alabama roads and bridges by the Alabama Department of Transportation, Counties, and Municipalities.
The best-known revenue measure from this act is the Incremental Fuel Tax Increase, whereby state gasoline and diesel taxes will increase by 6 cents per gallon on October 1, 2019. This tax will increase twice more in the coming years, by 2 cents per gallon on October 1, 2020, and 2 cents per gallon again on October 1, 2021.
The new revenues raised through these increases in the gas and diesel tax will be distributed as follows:
66.67% to the State of Alabama,
25% to the Counties, and
8.33% to the Municipalities
Once fully implemented, the total 10 cent per gallon gas tax increase will cost the average driver less than $5.00 a month, and will fund much needed repairs and additions to Alabama roadways.