HB491 Summary

• Monroe County Commission may levy up to a 1% sales and use tax for a set period of time with majority vote, applicable to sales, use, storage, consumption, or gross receipts in the county.

• Tax may begin on the first day of the month following 60 days after the act's effective date, and the county commission sets the expiration date for when the authority to levy the tax becomes void.

• Creates the Monroe County Highway Repair and Maintenance Fund to receive all tax proceeds for paving unpaved roads and maintaining, repairing, or replacing existing public roads, highways, and bridges.

• Prohibited uses of fund revenues include salaries and benefits for employees (except direct project costs), purchase or lease of new equipment (except equipment permanently installed in projects), and purchase of herbicides.

• County commission must certify annually by December 1 to the Department of Examiners of Public Accounts that tax proceeds are used solely for authorized road and bridge purposes.