Lauderdale County, sales and use tax further provided for

SB 334 amends the distribution of sales and use tax proceeds collected by Lauderdale County. Effective October 1, 2025, the bill establishes a new allocation method for these funds. After covering collection costs, a portion is first directed to the Shoals Economic Development Fund, based on Colbert County's prior contributions. The remaining proceeds are then split, with 55% going to the Lauderdale County Commission and 45% to the City of Florence, both for economic development purposes within their respective jurisdictions.