10-39A-8. Proceeds distributed.

All taxes, interest and penalties imposed and collected by the secretary under this chapter shall be distributed as follows:

(1)    One-half shall be returned to the county in which the energy minerals or mineral products were severed; and

(2)    One-half share shall be paid into the state treasury and credited to the general fund.

Source: SL 1978, ch 81, §§ 11, 12; SL 1979, ch 77, §§ 4, 5; SL 1981, ch 96; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2007, ch 28, § 1; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011; SL 2021, ch 49, § 3.