Alabama § 45-26-246.05 - Disposition of Funds.
Full text of Alabama Code of Alabama § 45-26-246.05 — Disposition of Funds., with citation guidance and answers to common questions.
§ 45-26-246.05. Disposition of Funds.
Repealed by Act 2023-87, effective May 2, 2023.
(a) Except as otherwise provided in this part, the balance of the proceeds from the tax levied by this part shall be deposited into the Elmore County Lodging Fund. The net proceeds from the tax collected outside of the municipalities shall be used by the county for economic development purposes. Sixty-seven percent of the remaining funds in the lodging fund shall be used by the county for economic development purposes. Thirty-three percent of the remaining funds in the lodging fund shall be distributed to the municipalities on an equal basis where the lodging tax was collected to be used by the municipality for economic development purposes pursuant to an agreement with Elmore County. Except as provided in subsection (b), if Elmore County and any municipality fail to agree on the use of the funds by the municipality, that portion shall revert to the lodging fund for appropriation by the county for economic development purposes. All of the net proceeds from any room fees shall be deposited in the lodging fund to be used by the county for economic development purposes. All funds in the lodging fund shall be used for economic development purposes as determined by the Elmore County Commission.
(b) Notwithstanding subsection (a), the portion to be distributed to the City of Prattville of the 33 percent of the net proceeds described in subsection (a) shall be remitted to the City of Prattville by the Elmore County Commission for economic development purposes no later than March 31, 2022.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 45-26-246.05
What does Code of Alabama § 45-26-246.05 cover?
Section 45-26-246.05 ("Disposition of Funds.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 45-26-246.05?
A common citation format is "Code of Alabama § 45-26-246.05" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 45-26-246.05 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.