HB 531 Summary

• Amends Act 2014-210 to authorize Geneva County Commission to levy up to a one percent use tax in addition to the existing one percent sales tax.

• Allows proceeds from both sales and use taxes to be used for construction, maintenance, and operation of a jail, with any excess proceeds directed to road and bridge projects.

• Requires taxes to be collected by the State Department of Revenue, county commission, or contracted entity using the same procedures and timeline as state sales and use taxes.

• Sets collection fees at no more than five percent of total collections, with fees deductible from gross revenues before distributing proceeds to Geneva County.

• Becomes effective on the first day of the third month following passage and approval by the Governor.