Lauderdale County; Economic Development Authority and Economic Development Authority Fund established, county commission authorized to levy additional sales and use tax

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Plain-English Summary

This bill creates the Lauderdale County Economic Development Authority to help existing businesses and attract new ones, aiming to create jobs in Lauderdale County. It establishes a five-member board appointed by the county commission and allows the commission to levy an additional sales and use tax of up to 0.75%. The money from this tax will go into a new fund for the Authority's use.

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