AL HB654

Authorizes Jefferson County Commission to levy an additional local sales and use tax up to 1% on tangible personal property sales and consumption, effective after cessation of certain existing county taxes and occupational taxes authorized in 2012.

Exempts from the tax automobiles, trucks, farm and timber machinery, boats, machinery used for manufacturing, and items already exempt under state sales and use tax statutes.

Allows the county or a private collecting entity under contract to collect the tax alongside state sales and use taxes, with collection and enforcement following state tax law procedures.

Establishes that collected tax proceeds go into Jefferson County's General Fund, with 20% of the amount distributed to the University of Alabama at Birmingham for scientific, medical, or innovative research projects and construction.

Becomes effective immediately upon passage and gubernatorial approval.