Any impact fees collected within a political subdivision shall be used only for governmental infrastructure purposes. Any impact fees collected pursuant to this subpart shall be expended or contracted to be expended within five years of the collection of the fees unless the development or the expenditure or contracting for expenditure of the fees is delayed by an Act of God or litigation. Any impact fee not expended or contracted for within five years unless subject to an exception as provided above shall be refunded to the developer.
Structure Code of Alabama
Section 45-2-243.80 - Applicability.
Section 45-2-243.81 - Definitions.
Section 45-2-243.83 - Impact Fees for Governmental Infrastructure.
Section 45-2-243.84 - Setting Impact Fees; Levy; Credits; Sharing of Revenues.
Section 45-2-243.85 - Collection and Payment of Impact Fees.