HB63 Alabama 2010 Session
Bill Summary
Under existing constitutional and statutory law, real and personal property is classified in different categories for ad valorem taxation purposes. The various classifications are taxed at different rates. Currently, privately owned, noncommercial aircraft are taxed at 20 percent and private motor vehicles are taxed at 15 percent
This bill would propose an amendment to Amendment No. 373 to the Constitution of Alabama of 1901, now appearing as Section 217 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, relating to the classifications of property for ad valorem tax purposes, to include privately owned, noncommercial aircraft within Class IV
To propose an amendment to Amendment No. 373 to the Constitution of Alabama of 1901, now appearing as Section 217 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, relating to the classifications of property for ad valorem tax purposes, to include privately owned, noncommercial aircraft within Class IV.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 12, 2010 | Read for the first time and referred to the House of Representatives committee on Government Appropriations |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB63 Alabama 2010 Session - Introduced |