(a) The following words, terms, and phrases, as used in this subpart, shall have the following respective meanings except where the context clearly indicates a different meaning:
(1) AUTHORITY. The Shoals Economic Development Authority, an agency or instrumentality of the county and Colbert County created pursuant to Subpart 1, commencing with Section 45-17-90, of Part 1, Article 9, Chapter 17 of this title and Subpart 1, commencing with Section 45-39-92, of Part 3, Article 9 of this chapter, and includes its successors and assigns, if any, and any agency or instrumentality that may succeed to its functions.
(2) CODE. The Code of Alabama 1975, and all amendments thereto.
(3) COLBERT COUNTY. Colbert County in the State of Alabama.
(4) COMMITTEE. The Shoals Industrial Development Committee, an agency or instrumentality of the county and Colbert County, that has been, or is to be, created pursuant to Part 2, commencing with Section 45-17-91.20, of Article 9, Chapter 17 of this title, and includes any agency or instrumentality that may succeed to its functions.
(5) COUNTY. Lauderdale County in the State of Alabama.
(6) SHOALS ECONOMIC DEVELOPMENT FUND. That certain special or trust fund or account created pursuant to Section 45-17-91.23, the moneys in which may be lawfully expended, by either or both the committee and the authority, for purposes authorized in Part 2, commencing with Section 45-17-91.20, of Article 9, Chapter 17, of this title.
(7) STATE. The State of Alabama.
(8) STATE DEPARTMENT OF REVENUE. The Department of Revenue of the state.
(9) STATE SALES TAX. The tax or taxes imposed by the state sales tax statutes.
(10) STATE SALES TAX STATUTES. Division 1 of Article 1 of Chapter 23 of Title 40, including all other statutes of the state which expressly set forth any exemptions from the computation of the taxes levied in Division 1 and all other statutes which expressly apply to, or purport to affect, the administration of Division 1 and the incidence and collection of the taxes imposed therein.
(11) STATE USE TAX. The tax or taxes imposed by the state use tax statutes.
(12) STATE USE TAX STATUTES. Article 2 of Chapter 23 of Title 40 including all other statutes of the state which expressly set forth any exemptions from the computation of the tax levied in Article 2 and all other statutes of the state which expressly apply to, or purport to affect, the administration of Article 2 and the incidence and collection of the taxes imposed therein.
(b) Except where another meaning is clearly indicated by the context, all definitions set forth in the state sales tax statutes and the state use tax statutes shall be effective as definitions of the words, terms, and phrases used in this subpart. All words, terms, and phrases used herein, other than those hereinabove specifically defined, shall have the respective meanings ascribed to them in the state sales tax statutes and the state use tax statutes and shall have the same scope and effect that the same words, terms, and phrases have where used in the state sales tax statutes and the state use tax statutes.
Last modified: May 3, 2021