Bill > HB433

This bill amends the distribution of special county sales and use tax revenues in Talladega County, providing detailed guidelines for allocating funds from a special tax fund. The bill specifies that up to $50,000 annually can be used at the Talladega County Commission's discretion, with the remaining funds distributed across various purposes: 12% to volunteer fire departments, 12% to a bridge fund for rural roads, 10% to the Honda project, 4% for health department building maintenance, $1.5 million allocated to the East Alabama Rural Innovation and Training Hub, 10% to the Economic Development Authority, 10% for water line development, 5% to public libraries, 5% to match federal and state road and bridge funds, 5% for county building maintenance, 4% for improving water supply in North Talladega County, 10% for law enforcement purposes, 2% to ARC programs, 2% to the Children's Rehabilitation Office, and any remaining funds deposited into a special trust fund. The bill also introduces a new provision requiring the Economic Development Authority to make recommendations for certain fund expenditures, with final approval resting with the Talladega County Legislative Delegation. The act is set to become effective on June 1, 2025, and repeals a previous act related to tax distribution.

Government Affairs

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