Title 48, Chapter 6, Section 8
( 48-6-8)
All revenues derived from the tax imposed by this article shall be
distributed among the state and municipalities in which the real
property is situated and the county in which the real property is
situated in the same proportion that revenues derived from the taxes
imposed by Article 3 of this chapter are divided. If the real
property is situated in more than one county, the appropriate
portion of the tax shall be equitably divided among the counties by
the commissioner. |