HB63 Alabama 2010 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2010
Title
Ad valorem tax, classifications of property, aircraft, privately owned, noncommercial, included within Class IV Property, Amendment 373 (Section 217, Recompiled Constitution of Alabama of 1901, as amended), am'd., const. amend.
Description
<p class="bill_description"> 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</p><p class="bill_description">
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</p><p class="bill_entitled_an_act"> 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.
</p>
Subjects
Constitutional Amendments
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 |