Surety bonds and motor fuel assessments; filing period for new or replacement surety bonds extended, payment period for assessments on illegally imported or transported motor fuels extended

SB 86 extends the time period for certain businesses to file new or replacement surety bonds from 30 to 60 days, and extends the payment period for assessments on unlawfully imported or transported motor fuels from 30 to 60 days. This applies directly to entities like compressed natural gas (CNG) and liquefied natural gas (LNG) sellers, as well as motor fuel suppliers, importers, distributors, and terminal operators. The bill amends Alabama law (sections 40-17-168.5, 40-17-335, and 40-17-353) to update these deadlines and includes technical revisions to modernize the code language. These changes provide additional time for affected businesses to comply with bonding and payment requirements without immediate license cancellation or penalties.