Alabama § 40-28-3 - Counties to Share Payments with Municipalities Served by T.v.a.; Basis for Allocation of Payments to Counties Served by T.v.a.
Full text of Alabama Code of Alabama § 40-28-3 — Counties to Share Payments with Municipalities Served by T.v.a.; Basis for Allocation of Payments to Counties Served by T.v.a., with citation guidance and answers to common questions.
§ 40-28-3. Counties to Share Payments with Municipalities Served by T.v.a.; Basis for Allocation of Payments to Counties Served by T.v.a.
(a) Distribution of the in-lieu-of-taxes payments of T.V.A. by the state to the served counties shall be made to the governing bodies of served counties. Any county receiving a share of said payments that has within its boundaries a municipality or part thereof that is served in whole or in part by T.V.A. shall share in the county’s payments with said municipality receiving the same amount as the ratio of T.V.A.-served population of the municipality bears to the T.V.A.-served population of the entire county. However, the Legislature may, by general or local laws, prescribe other distribution within such counties to local governments and/or public agencies therein.
(b) The in-lieu-of-taxes payments distributed each year to the served counties shall be as follows:
(1) Eighty percent of the amount of such distribution to the served counties shall be distributed among the counties in the same proportion that the amount of T.V.A. power sales revenue generated in that county less industrial power sales bears to the total amount of T.V.A. power sales revenue generated in all counties less industrial power sales in all served counties.
(2) Ten percent of the amount of such distribution to the served counties shall be distributed among the counties in the same proportion that the book value amount of the T.V.A.‘s property in each county bears to the total book value of all T.V.A.‘s property in all counties served by the T.V.A.
(3) Ten percent of the amount of such percentage of payments shall be distributed among the counties in the same proportion that the T.V.A.‘s industrial power sales in each county bears to the total amount of T.V.A.’s industrial power sales in all served counties of the state.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 40-28-3
What does Code of Alabama § 40-28-3 cover?
Section 40-28-3 ("Counties to Share Payments with Municipalities Served by T.v.a.; Basis for Allocation of Payments to Counties Served by T.v.a.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 40-28-3?
A common citation format is "Code of Alabama § 40-28-3" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 40-28-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.