Section 45-51-243 - Legislative Findings

(a) It is the intention of the Legislature by the passage of this part to authorize Montgomery County to levy and provide for the collection of, in addition to all other taxes authorized by law, a rental tax not to exceed the rate set forth herein. (b) The Legislature hereby finds and declares that the rental tax authorized by this part (1) is not a gross receipts tax in the nature of a sales tax, as such term is defined in subdivision (8) of Section 40-2A-3, and used in Section 11-51-209, and (2) is not a tax on gross proceeds described in Act 89 of the 1975 Fourth Special Session