- (a) Within 10 calendar days after the authorization of the district by the governing body of the county, the district corporation shall provide the governing body of the county with a preliminary business improvement district tax roll.
(b)
- (1) The governing body of the county shall impose a business improvement district tax to provide funds for the operation of the district.
- (2) The governing body of the county shall impose on members of the district who are owners of nonexempt property the district tax at a rate specified by the board and approved by the governing body.
- (3) The tax imposed under this subsection may not count against a county tax cap.
- (c) The district tax shall be collected in the same manner as real property taxes are collected and distributed each quarter to the district.
- (d) A district shall reimburse the governing body of the county for the costs incurred in collecting the district tax.
Added by Acts 2023, c. 608, § 1, eff. Oct. 1, 2023.