(a) There is created the DeKalb County Community Development Commission which shall be authorized to receive, and by majority vote to distribute, any funds in the Community Development Fund created herein for the purposes of promoting economic development, education, conservation, and fire protection. These funds shall be expended in each House of Representatives district in DeKalb County in accordance with the percentage of the population in DeKalb County that each district encompasses. The commission shall be comprised of the following members:
(1) The Judge of Probate of DeKalb County or his or her designee, whose term shall coincide with the term of the judge of probate.
(2) A person appointed by the state senator representing DeKalb County, whose term shall coincide with the term of the senator, or until replacement.
(3) A person appointed by the House of Representatives member, who represents a majority of the population of DeKalb County, whose term shall coincide with the term of the representative, or until replacement.
(b) The commission may promulgate rules and regulations related to its operations and procedures for the awarding of grants within the community for the above-mentioned purposes.
(c) There is created the Community Development Fund within the DeKalb County treasury. The fund shall be comprised of the following receipts:
(1) The additional three percent of TVA in-lieu-of tax payments received pursuant to Section 40-28-2, beginning with the fiscal year which began October 1, 2006.
(2) The net proceeds of the state beer tax payable to DeKalb County pursuant to Section 28-3-184.
(d) These funds shall be expended on order of the DeKalb County Community Development Commission.