(a) Any other law to the contrary notwithstanding, the amount of sales tax levied and imposed in Lawrence County upon every person, firm, or corporation engaged or continuing within the county in the business of selling at retail any automotive vehicle or truck is reduced by one half of one percent of the gross proceeds of sale of the item. This reduced tax rate on these items is in lieu of any prior rate or rates provided by law. Existing law relating to calculating the tax on a trade-in remains applicable.
(b) Any other law to the contrary notwithstanding, the amount of excise tax on the storage, use, or consumption of property in Lawrence County levied and imposed on the storage, use, or consumption in the county of any automotive vehicle or truck purchased at retail for storage, use, or other consumption in the county is reduced by one half of one percent of the sales price of such item. This reduced tax rate on these items is in lieu of any prior rate or rates provided by law. Existing law relating to calculating the tax on a trade-in remains applicable.
(c)(1) The proceeds of the taxes reduced in subsection (a) and subsection (b) shall be distributed in the same amounts and proportions as otherwise provided by law.
(2) This section shall not be construed as affecting other county sales and use tax provisions, including, but not limited to, those concerning rates, collection, payment, administration, enforcement, and exemptions. Those provisions shall be read in pari materia with this section.
Last modified: May 3, 2021