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§ 45-55-243-10 — Alabama Law | CourtGPT
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  4. Title 45 - Local Laws/
  5. Chapter 55 - Pike County/
  6. Article 24 - Taxation/
  7. Part 4 - Tax, Sales and Use.sub/
  8. Subpart 1 - 2007 Tax/
  9. § 45-55-243-10
Alabama Legal Code

§ 45-55-243-10

The taxes levied by this subpart shall be levied on June 1, 2007 (or onsuch later date on which this subpart shall become law) and shall be levied andcollected thereafter, as provided herein, without limit as to duration. The proceeds of the taxes levied andcollected pursuant to this subpart shall be distributed each month as follows:(1) From and afterJune 8, 2007:a. Seventy-five percent of the proceeds shall be distributed to the countyboard of education and the various city boards of education in the county onthe same basis as provided for the distribution of funds among local boards ofeducation under Section 40–12–4, or any successor provision of law.b. Twenty-five percent of the proceeds shall be distributed to the countyfor general purposes and uses.(2) From and after October 1, 2007:a. Twelve thousand five hundred dollars ($12,500) of the proceeds shall bedistributed to the county for distribution to agencies, entities, andorganizations providing services to the general public in the county and eligibleto receive appropriations of public funds from the county.b.

to the county for distribution to agencies, entities, andorganizations providing services to the general public in the county and eligibleto receive appropriations of public funds from the county.b. Seventy-five percent of the remaining proceeds shall be distributedto the county board of education and the various city boards of education inthe county on the same basis as provided for the distribution of funds amonglocal boards of education under Section 40–12–4, or any successor provision oflawc. Twenty-five percent of the remaining proceeds shall be distributed tothe county for general purposes and uses.(Act 2007–371, p. 727, § 12.)
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