§ 26-82-101. Title
This chapter shall be known as the “Local Sales and Use Tax Economic Development Project Funding Act”.
§ 26-82-102. Definitions
As used in this chapter: (1) “Calendar quarter” means a three-month period that begins on January 1, April 1, July 1, or October 1; (2) “City” means any city of the first class, city of the second class, or incorporated town of the state; (3) “Develop” means to plan, design, construct, acquire by purchase, acquire […]
§ 26-82-104. Election
“[ ] FOR adoption of a percent ( %) local sales and use tax within (name of local entity) for economic development projects not to exceed $ (maximum amount of revenue to be generated) to be terminated on the first day of the calendar quarter following the expiration of ninety (90) days after (name of […]
§ 26-82-105. Requirements — Effective dates
To provide time to prepare for an election required under this chapter and to provide time for the Secretary of the Department of Finance and Administration to accomplish his or her duties, the following requirements apply to an ordinance levying a local sales and use tax under this chapter: (1) (A) The ordinance levying the […]
§ 26-82-106. Abolition of tax
“[ ] FOR abolition of the percent ( %) local sales and use tax within (name of local entity) for economic development projects.” “[ ] AGAINST abolition of the percent ( %) local sales and use tax within (name of local entity) for economic development projects.”
§ 26-82-107. Notice of adoption or abolition of tax
No later than ten (10) days following each of the events stated in the ordinance with reference to the procedure for the adoption or abolition of the local sales and use tax and the effective dates of the action under this chapter, the clerk of the levying entity shall notify the Secretary of the Department […]
§ 26-82-114. Effect of change in city boundaries
If a city in which a local sales and use tax has been imposed under this chapter changes or alters its boundaries, a tax imposed under this chapter shall be effective in the added territory or abolished in the detached territory on the first day of the first calendar month following the expiration of thirty […]
§ 26-82-116. Reporting
Vendors collecting, reporting, and remitting a local sales and use tax levied under this chapter shall collect, report, and pay the local sales and use tax in the same manner and at the same time as is prescribed by law for the collection, reporting, and payment of other local sales and use taxes.
§ 26-82-118. No effect on existing taxes
The imposition of a local sales and use tax under this chapter does not affect any existing local sales and use taxes levied by a city or county for economic development purposes.
§ 26-82-119. Rules
The Secretary of the Department of Finance and Administration may promulgate reasonable rules to implement the enforcement, administration, and collection of a local sales and use tax authorized in this chapter.