HB235 Summary

• Authorizes Jefferson County Commission to levy an occupational license tax on natural persons engaged in business activity who are not otherwise required to pay state or county license taxes.

• Sets maximum tax rate at 0.0045 (45/100ths of one percent) of gross receipts from employment subject to federal or state withholding taxes, less health insurance premiums and retirement contributions.

• Permits taxation of persons required to pay professional licensing taxes under Alabama Code Title 40, Chapter 12 if state law restrictions on county taxation are removed by future legislative amendments.

• Exempts owners, proprietors, or stockholders in business entities where entity income passes through to them for federal tax purposes and the entity's gross receipts are already subject to county business license tax.

• Directs tax revenues, net of collection costs, to be deposited in Jefferson County's General Fund for lawful public purposes and becomes effective immediately upon passage and gubernatorial approval.