SB474 Summary

• Barbour County Commission may levy an additional one-half cent ($0.005) sales, use, and amusement tax on gross sales and gross receipts after a public hearing with at least two weeks' newspaper notice.

• The tax applies to the same transactions subject to state sales and use tax, with sales currently exempt under state law also exempt from this county tax.

• State Department of Revenue or another entity designated by the county commission collects the tax using the same procedures and timelines as state sales and use taxes.

• Collection fees charged to the county may not exceed 5 percent of total collections and are deducted before the remaining proceeds are deposited monthly into the county general fund.

• Businesses must collect the tax from customers and remit it timely; failure to add and collect the tax or offering tax refunds/absorption is unlawful, with enforcement following state sales tax statutes.