The bill seeks to amend Section 35-8B-5 of the Code of Alabama 1975, concerning the distribution of tax proceeds from alcoholic beverage sales within certain community development districts. The amendment stipulates that, starting from October 1, 2021, any sales tax proceeds on alcoholic beverages collected by a county in a community development district shall be deposited into a special fund in the county treasury. This fund is designated for grants to support education, civic, community, and tourism activities within the county where the taxes were collected.
The bill also modifies the process for distributing grants from this special fund. It removes the previous requirement that grants be distributed based on the recommendation of each legislator representing a portion of the county
in which the funds were collected, and instead, the distribution will be based on the proportion of the population each legislator represents in the county. The act is set to become effective on June 1, 2024. The bill was read for the first time on March 21, 2024, and after subsequent readings and an amendment, it was passed on April 11, 2024, with 97 yeas, 0 nays, and 5 abstentions.
Statutes affected: Introduced: 33-8B-5
Engrossed: 35-8B-5