HB592 Summary

• Proposes a constitutional amendment authorizing the Lamar County Commission to levy an additional sales and use tax of up to one percent on sales, use, storage, consumption, or gross receipts in the county.

• Tax shall be collected at the same time and in the same manner as state sales and use taxes, with collection by the Department of Revenue or through alternative authority under Section 11-3-11.2, Code of Alabama 1975.

• All taxes collected shall be remitted to Lamar County and deposited in the Lamar County General Fund for general county purposes as appropriated by the county commission.

• Tax is exempt for businesses and gross proceeds presently exempt under state sales and use tax statutes; vendors must collect the tax from purchasers and it is unlawful to refund or absorb any portion of the tax.

• Election on the proposed amendment scheduled for December 2017 in accordance with Amendment 555 to the Alabama Constitution and state election laws.