Jefferson County, Alabama requires distributors of gasoline and other motor fuels to file a custom Gasoline Tax Bond with the county’s Department of Revenue as a requisite of the Motor Fuels Tax (Distributor) License.
The Jefferson Gasoline Tax Bond, provided by Jet Insurance Company, acts as a financial guarantee that Jefferson County will receive payment for all licensing fees, accrued interest, and taxes due by the distributor.
Purchasing your Gasoline Tax Bond with Jet Insurance Company gives you direct access to your surety carrier! We don't use middlemen brokers or agents who create a drawn out bond process and drive up fees.
The cost of the Jefferson Gasoline Tax Bond is based on a soft credit check of the applicant and the required custom bond limit, which is determined by the Jefferson County Department of Revenue upon the application for a distributor license.
At Jet, rates start at $10 monthly or a full $100 for a one year bond term. Take a look at the chart below for additional preferred credit price examples and their associated bond limits.
Jet’s monthly rate offer is our worry free option! Just set up your preferred account for monthly payments and your bond will remain active for as long as you'd like.
Jefferson County requires distributors of gasoline and/or motor fuels to acquire a Gasoline Tax Bond as a legal tool to ensure that the distributor will follow the terms and conditions of their Motor Fuels Tax (Distributor) License, which includes the assurance of proper reporting and filing of all distribution taxes to the Department of Revenue.
In cases of the distributor not upholding such obligations, Jefferson County will still receive payment for all past due fees, accrued interest, and taxes due through the financial guarantee of the surety bond provided by Jet Insurance Company.
Jet’s online application is easy to fill out and will only take a few minutes out of your day. The Gasoline Tax Bond application asks for your distributor license number and an indication of the bond limit required by the county’s Department of Revenue. A soft credit check will be conducted to determine your approved rate.
Once you receive rate options from one of Jet’s underwriters, simply choose your preferred bond term and fulfil payment. A copy of your bond and receipt will then be sent your way, and we’ll take care of the remaining bond process for you!
For larger bond requirements, we may require additional business information before we can offer you the sales tax bond.
The Jet team can file your bond for you! The original, signed and sealed Gasoline Tax Bond is required to be filed with Jefferson County’s Department of Revenue. The bond must remain on file to maintain a distributor’s license.
If you would prefer to send in your bond yourself, perhaps with your Motor Fuels Tax (Distributor) License application, this option can be selected at checkout. Your bond form and any additional paperwork should be sent to the following mailing address.
Jefferson County Department of Revenue
A-100 Courthouse Annex
716 Richard Arrington Blvd. N.
Birmingham, AL 35203
Yes! You can send us a written request at firstname.lastname@example.org, and we will immediately begin the bond cancellation process. A notice of your bond’s termination will be filed with Jefferson County’s Department of Revenue; liability will be released within 60 days of such notice.
For distributors who choose our annual payment option, Jet will send you a reimbursement for any available premium left on your bond. While those who choose the monthly option will have their payments cease once the liability period officially expires.
You won't have to worry about renewing your Gasoline Tax Bond if you choose our monthly option! Payments will continue to come out of your preferred account until cancellation is requested.
Jet will send renewal invoices for those who choose to make annual bond payments well in advance of your bond’s expiration date. Your bond will remain active as long as you fulfill payment before the expiration date.
Jefferson County distributors of gasoline and/or motor fuels must follow all regulations of the Alabama Legislature, Title 40, Chapter 17, Article 2 as it pertains to their license and state sales tax laws held by the county’s Department of Revenue. Failure to uphold these rules may lead to the Director of Revenue suspending or terminating the distributor’s license, inflicting large fines, pursuing misdemeanor charges, or filing a claim on the Gasoline Tax Bond.
The licensed distributor is expected to file the preceding month’s taxes and reports with the county’s Department of Revenue by the 25th of each month. This must include true reports indicating the sale, distribution, and/or withdrawal of gasoline from storage and the prompt payment of any and all license and excise taxes from the sale, distribution, and/or withdrawal of gasoline from storage.
The Director of Revenue will notify the licensee of any found offenses with a chance to resolve the issue through corrected reports and the immediate payment of all taxes and penalty fees due. A claim will be filed on the distributor’s bond if they are unable or unwilling to remedy the situation.
All in all, you can avoid claims on your Gasoline Tax Bond by merely filing all required true reports and taxes on time to the Jefferson County Department of Revenue.
Immediately contact Jet with all available claim documentation and information. The Jet team will begin by briefing you on how our claim process works, and then will proceed with a review and investigation of your claim.
If the Director of Revenue’s claim is found to be valid, Jet Insurance Company is legally obligated by the Gasoline Tax Bond form to make payment up to the bond limit.
You are ultimately held responsible for your actions and must reimburse Jet for the full paid out claim. An omission to fulfill this condition will lead to difficulties in securing a new surety bond for your distributor license. It is important to remember that the Jefferson County Department of Revenue will immediately terminate your license without an active bond on file.