AL HB609

Authorizes Fayette County Commission to levy a one percent sales and use tax on business gross receipts, in addition to existing taxes.

Tax automatically terminates on October 30, 2017, unless voters approve continuation by majority vote at a referendum on the first Tuesday in October 2017.

Collected by the State Department of Revenue or contracted entity using the same procedures as state sales tax, with a collection fee not to exceed five percent.

Tax proceeds distributed to Fayette County Hospital Board, Inc. (40%), Fayette County Board of Education (40%), and county commission for debt reduction or grant matching (20%).

Sales of automobiles, farm machinery, boats, and manufacturing machinery are exempt from the tax; all items exempt under state sales tax are also exempt.