HB164 Summary

• Authorizes Chilton County to levy additional sales and use taxes at rates of 1% on retail sales, 1% on amusement/entertainment, 0.5% on certain machinery and vehicles, and 0.5% on farm equipment.

• Tax proceeds must be used exclusively for construction, maintenance, and operation of hospital facilities in Chilton County, with funds deposited into a separate county account or paid to a designated Public Hospital Corporation.

• County may issue bonds secured by tax revenues and may designate The Chilton County Health Care Authority as its agent to receive and manage tax proceeds.

• Act is retroactive and curative to August 1, 2014; taxes are effective from that date and remain in effect until terminated by county resolution, with restrictions if bonds are outstanding.

• Taxes cannot be abated under Alabama law; administration and collection follow State sales and use tax procedures; act became effective immediately upon governor approval.