HB462 Summary

• Authorizes Madison County Commission and municipalities wholly or partially within Madison County to levy up to $20 per residential building permit (including building, mechanical, plumbing, and electrical permits) for construction or remodeling of residential structures.

• Requires all levied funds to be deposited into respective governing body treasuries and disbursed to the North Alabama Homebuilding Academy to fund skilled trades training including home building, framing, carpentry, electrical, plumbing, masonry, painting, sheet rock, landscaping, HVAC, and pipe fitting.

• Mandates the North Alabama Homebuilding Academy submit an annual proposed operating budget to Madison County Commission by December 1 for review and approval before fund distribution.

• Requires each governing body to disburse its proportionate share based on population percentages according to the most recent federal decennial census, with remaining funds after full disbursement used for inspection services.

• Specifies the North Alabama Homebuilding Academy must be audited annually by a licensed independent certified public accountant approved by the County Commission, with audit reports due by June 1 each year; fee collection ceases if the academy terminates operations.