Alabama § 45-47-244.29 Disposition of Funds

Alabama Statutes

§ 45-47-244.29 — Disposition of Funds

Alabama § 45-47-244.29

JurisdictionAlabama

Title 45Local Laws

Ch. 47Marion County

Art. 24Taxation

Part 5Tax, Sales and Use

Subpart 2General

This text of Alabama § 45-47-244.29 (Disposition of Funds) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 45-47-244.29 (2026).

Text

The proceeds derived from the taxes herein levied shall be distributed each year as follows:

(1)The amount necessary in each year to pay the principal of and the interest due on the bonds for hospital purposes or health facilities authorized to be issued by Amendment 75 to the Constitution of Alabama of 1901.

(2)Eight percent to the Marion County Health Department.

(3)Fifty percent to the municipalities of Marion County to be distributed on a population basis.

(4)The remainder to the general fund of the county.

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The proceeds derived from the taxes herein levied shall be distributed each year as follows:
(1) The amount necessary in each year to pay the principal of and the interest due on the bonds for hospital purposes or health facilities authorized to be issued by Amendment 75 to the Constitution of Alabama of 1901.
(2) Eight percent to the Marion County Health Department.
(3) Fifty percent to the municipalities of Marion County to be distributed on a population basis.
(4) The remainder to the general fund of the county.