(a) Each year, the first eighty-five thousand dollars ($85,000) of the pari-mutuel tax revenue derived from § 23-111-505(a) shall be remitted directly to Mid-South Community College and shall be used by the college for facilities, programming, and personnel in the support of a nursing program.
(b) The revenue received by the college under this section shall be considered local taxes for the purposes of § 6-61-601.
Section: Previous 23-111-503 23-111-504 23-111-505 23-111-506 23-111-508 23-111-509 23-111-510 23-111-511 23-111-512 23-111-513 23-111-514 23-111-515 23-111-516 23-111-517Last modified: November 15, 2016