HB25 Alabama 2010 Session
Updated Jul 26, 2021
HB25 Alabama 2010 Session
House Bill
Expired
Current Status
Regular Session 2010
Session
1
Sponsor
Summary
- Primary Sponsor
-
Joseph C. MitchellDemocrat - Session
- Regular Session 2010
- Title
- Homestead exemptions, annual adjustment based on gross national product, Revenue Department to calculate, Sec. 40-9-19 am'd.
- Description
Currently, the homestead exemption granted property owners may not exceed $4,000 in assessed value.
This bill would provide a method for annual adjustments in the homestead exemption in an amount based on the annual change in the gross national product.
- Subjects
- Homestead Exemption
Bill Actions
Read for the first time and referred to the House of Representatives committee on Government Appropriations
Bill Text
Documents
Source: Alabama Legislature