Section 40-17-13

(1) For payment of the costs of collection thereof, being the amount appropriated for each fiscal year by the Legislature to the Department of Revenue for the administration of this article;

(2) For payment of the principal of and interest on bonds issued after October 1, 1969, and prior to December 1, 1977 by the Alabama Highway Authority, a public corporation and instrumentality of the state, all in the manner and to the extent and subject to such priorities as to rank as are provided in the respective statutes under which the said bonds were issued;

(3) For payment of the principal of and interest on bonds and other obligations (including refunding obligations) issued after December 1, 1977, by a public corporation existing at the time of issuance under the laws of Alabama pursuant to then existing statutory or constitutional authorization, or by the State of Alabama pursuant to authorization, effective at the time of issuance, under the Constitution and laws of said state, and for which the said excise tax imposed by this article shall have been appropriated and pledged in a then effective statute or constitutional provision (including any enabling act under a constitutional provision), all in the manner and to the extent and subject to such priorities in rank as may be provided in such statute or constitutional provision or in an authorizing resolution thereunder; and

(4) The balance shall be covered into the Treasury to the credit of the Department of Transportation to be used exclusively in the construction, repair, maintenance, and operation of public roads and bridges in this state, including any toll road or toll bridge constructed by the Department of Transportation or maintained and operated by it or under its supervision.

Section 40-17-13

Disposition of proceeds of tax.

(Acts 1939, No. 590, p. 958, §13; Code 1940, T. 51, §665(13); Acts 1951, No. 838, p. 1469; Acts 1969, No. 786, p. 1416; Acts 1978, No. 581, p. 658.)