(a) The Legislature hereby makes the following findings:
(1) Amendment 280 to the Constitution of Alabama 1901, provides that no tax levied by the state or any municipality or county of the state shall apply to the authority, unless such tax applies to the county and to the city where the authority is incorporated.
(2) The authority engages in various transactions at its facilities that would give rise to taxes that would be levied by the state or any municipality or county of the state with respect to such transactions if Amendment 280 did not exempt the authority from such taxes, such taxes being herein referred to as transaction-related taxes. These transaction-related taxes may include, but shall not be limited to, leasing or rental taxes, sales taxes, lodging taxes, and taxes on the sale of alcoholic beverages or tobacco products. The Legislature intends that the authority shall be allowed to collect a fee or charge in lieu of such transaction-related taxes and retain the proceeds of such fees or charges for purposes authorized by this part.
(b) The authority may impose and collect a fee or charge in lieu of any such transaction-related taxes. The authority may use the proceeds of any such fee or charge for any purpose for which the authority may apply its other funds under this part or other applicable law.
(c) The collection and retention by the authority, prior to June 20, 2003, of any amounts that would have been authorized by this part are hereby authorized, ratified, validated, or confirmed.
Last modified: May 3, 2021