HB762 Summary

• Amends Section 45-9-245.02 of the Code of Alabama 1975 to authorize Chambers County Commission to levy additional sales and use taxes not exceeding the highest municipal rates collected in the county.

• Tax rates include: general sales tax equal to highest municipal rate at enactment; automobile sales and use tax of 2 percent; agricultural machinery sales and use tax of 2 percent; and manufacturing machine sales and use tax of 2 percent.

• Taxes apply only in unincorporated areas of Chambers County outside the corporate limits of Lanett, Valley, Lafayette, Waverly, and Five Points municipalities.

• Additional taxes also apply to police jurisdictions of these five municipalities, but only at one-half the corresponding municipal rates, provided the municipality had a sales and use tax in effect in its police jurisdiction on the original act's effective date.

• Exempts from the county tax all gross receipts and sales that are presently exempt under state sales and use tax statutes; becomes effective immediately upon passage and governor approval.