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2018 Code of Alabama
Title 45 - LOCAL LAWS.
Chapter 25A - DEKALB COUNTY MUNICIPALITIES.
Article 14 - Rainsville.
Section 45-25A-140 - Disposition of sales and use tax proceeds.
Universal Citation: AL Code § 45-25A-140 (2018)
Section 45-25A-140Disposition of sales and use tax proceeds.
One-half of one cent of the existing city sales and use tax in the City of Rainsville in DeKalb County shall be distributed as follows:
(1) The first ten thousand dollars ($10,000) received each month for a period of 40 years from June 1, 2005, shall be allocated for the operation and maintenance of the Agricenter, or its successor.
(2) The remaining funds shall be allocated to the city general fund.
(Act 2003-319, p. 781, §1; Act 2005-60, p. 89, §1.)
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