This bill establishes a binding arbitration dispute resolution process for counties and cities that cannot reach agreement on a Local Option Sales Tax Distribution Certificate.  Instead of the tax terminating upon a failure of the county and its cities to reach an agreement, the new distribution certificate will be decided by an arbitrator choosing one of the proposals submitted by the county or the cities.  To hold a referendum to terminate the tax will now require authorization of the county and the cities making up at least 50% of the municipal population.