HB466INTRODUCED
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HB466
ZLBAWKW-1
By Representative Paramore (N & P)
RFD: Local Legislation
First Read: 18-Apr-24
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5 ZLBAWKW-1 03/20/2024 THR (L)THR 2024-1170
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First Read: 18-Apr-24
A BILL
TO BE ENTITLED
AN ACT
Relating to Pike County; to amend Sections 2, 8, and 9
of Act 2017-332, 2017 Regular Session, as amended by Act
2022-38; to further provide for sales and use taxes.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
Section 1. Sections 2, 8, and 9 of Act 2017-332, as
amended by Act 2022-38, are amended to read as follows:
"Section 2. As used in this subpart, the following
terms shall have the following meanings, except where the
context clearly indicates a different meaning:
(1) COSTS. When used with reference to the county jail
and judicial complex, all All costs of acquiring,
constructing, equipping, and financing, operating, and
maintaining the county jail and judicial complex, including
the costs of all of the following:
a. All lands, structures, real and personal property,
rights-of-way, easements, permits, licenses, and other
interests acquired or used for the county jail and judicial
complex, and demolishing or removing any buildings or
structures on land acquired or used.
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structures on land acquired or used.
b. All machinery, equipment, furniture, furnishings,
and fixtures acquired or used for the county jail and judicial
complex.
c. Architectural, engineering, financial, construction
consulting, and legal services performed in connection with
the acquisition, construction, equipping, and financing of the
county jail and judicial complex.
d. Issuing and selling indebtedness.
e. Bond insurance, letters of credit, or other
third-party credit facilities with respect to indebtedness.
f. Amounts used to fund reserves for the payment of
principal of and interest on indebtedness.
g. The payment of principal of an interest on
indebtedness.
h. Other expenses costs necessary for or incidental to
the acquisition, construction, equipping, and financing of the
county jail and judicial complex and the commencement of
operation of the complex.
(2) COUNTY JAIL AND JUDICIAL COMPLEX. A new building,
structure, or group of buildings or structures designed for
use by the county and its agencies as a jail ,; a facility for
E-911 dispatch and emergency management operations and related
services,; a criminal justice and public safety center ,; and a
place for holding court, with appurtenant offices and other
ancillary facilities.
(3) DISTRIBUTIONS. The approved dispensation of the
proceeds of the tax collected pursuant to this subpart, as
provided for in Section 9.
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provided for in Section 9.
(4) EXPENSES. The acquisition, construction, operation,
or maintenance of public safety, criminal justice, or
emergency management facilities or activities.
(3)(5) INDEBTEDNESS. Warrants, bonds, notes, or other
instruments of indebtedness issued to finance or refinance
costs of the county jail and judicial complex.
(4)(6) SALES AND USE TAX. A tax imposed by the state
sales and use tax statutes and other acts applicable to Pike
County, including, but not limited to, Sections 40-23-1,
40-23-2, 40-23-3, 40-23-4, 40-23-37, 40-23-60, 40-23-61,
40-23-62, and 40-23-63.
Section 8. All taxes collected under this subpart shall
be remitted to Pike County and deposited in a segregated
account within the Pike County General Fund to be used for the
costs of the county jail and judicial complex , expenses, and,
pursuant to Section 9, distributions . The County Commission of
Pike County may thereafter transfer the proceeds into one or
more special funds or accounts designated by resolution of the
county commission, provided that the proceeds are used for the
costs of the county jail and judicial complex , expenses, and,
pursuant to Section 9, distributions . The county commission
may assign and pledge the proceeds of the tax authorized by
this subpart for the payment of principal of and interest on
indebtedness. Any such pledge shall be irrevocable so long as
the indebtedness for which the pledge is made remains
outstanding.
Section 9. (a) The tax authorized by this subpart shall
expire on the first day of the next month following Following
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expire on the first day of the next month following Following
the payment in full of the costs of the county jail and
judicial complex, including the retirement of any financing
and indebtedness , or beginning October 1, 2030, whichever
occurs sooner, all taxes collected under this subpart shall be
distributed each month as follows:
(1) The monies collected inside the corporate limits of
the City of Troy shall be transferred to the City of Troy to
be used for expenses of the City of Troy .
(2) The monies collected outside the corporate limits
of the City of Troy shall be maintained by Pike County to be
used for expenses of Pike County.
(b) All distributions shall be subject and subordinate,
in all respects, to any indebtedness that is secured by a
pledge of proceeds of a tax authorized by this subpart. "
Section 2. This act shall become effective on October
1, 2024.
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