SB179 Summary

• Amends Section 35-8B-1 of the Code of Alabama 1975 to update and reorganize the definition of "community development districts" with nonsubstantive technical revisions to current code language style.

• Changes taxation language from "beer and wine" to "liquor" to clarify that alcoholic beverage sales in community development districts are taxed at the same rate as beer and wine liquor sales in the largest municipality in the county where the district is established.

• Expands the definition of community development districts to include multiple new categories with specific requirements (subsections a through q), including residential developments, commercial districts, resort properties, and event venues with varying acreage, amenity, and facility specifications.

• Requires county participation in distribution of taxes and license fees from community development districts pursuant to Chapters 3 and 3A of Title 28.

• Becomes effective on the first day of the third month following passage and approval by the Governor.