HB331 Summary

• Authorizes the Chilton County Commission to levy an additional one cent ($.01) sales tax exclusively for construction, maintenance, and operation of a hospital in Chilton County.

• Tax must be approved by majority vote in a referendum to be held on or before the 2014 primary election, with the Judge of Probate conducting the election.

• Tax revenues are exempt from the same sales that are exempt under state sales and use tax statutes.

• Tax automatically expires four years after bonds or warrants issued for hospital construction financing are fully paid and retired, as certified by the county commission.

• If voters reject the tax, a subsequent election may be held only after at least two years have elapsed from the previous election.