AL SB384

Levies a 3 percent privilege tax on lodging charges in hotels, motels, inns, tourist camps, and similar facilities in Etowah County, excluding rentals or services taxed under existing state law.

Etowah County collects the tax using the same procedures and exemptions as the state lodging tax, with tax obligations constituting a debt secured by lien on the taxpayer's property.

Distributes 50 percent of net proceeds to the Etowah County Tourism Board for the Mega Sports Complex construction (if feasible) or tourism promotion.

Allocates the remaining 50 percent to the Etowah County Economic Alliance for operations and development of the Little Canoe Creek Megasite, with option to reallocate to industrial recruitment after 12 years or when the megasite is sold, leased, or placed under a state project agreement.

Takes effect on the first day of the third month following passage and approval by the Governor.