HB72 Alabama 2010 Session

Summary

Primary Sponsor

Gerald H. AllenSenator

Republican

Session

Regular Session 2010

Title

Ad valorem tax, reappraisal, Class II and Class III property, time period limited, const. amend.

Summary

Proposes a constitutional amendment to limit reappraisal of Class II and Class III real property to every four years under certain county performance conditions.

What This Bill Does

If adopted, Class II and Class III real property would not be reappraised more often than once every four years, but only if a given county's equalization is between 90% and 105% and the coefficient of dispersion is no greater than 20%, as determined by the Department of Revenue's annual sales ratio study. If those conditions are not met, the four-year limit would not apply and reappraisal could occur more often. The Department of Revenue would continue to conduct the sales ratio studies to determine whether the conditions are met.

Who It Affects

• Class II and Class III real property owners in Alabama: their property valuations would be reassessed at four-year intervals if the county performance conditions are met.
• County tax assessors and the Alabama Department of Revenue: they would apply the four-year cycle only when the county equalization and dispersion criteria are met, using the Department's annual sales ratio study to determine compliance.

Key Provisions

• Limit reappraisal of Class II and Class III real property to once every four years, subject to conditions.
• Require county equalization to be between 90% and 105% for the four-year limit to apply.
• Require coefficient of dispersion to be no greater than 20%, as determined by the Department of Revenue's annual sales ratio study.
• Preserve Department of Revenue's role in conducting annual sales ratio studies to determine county compliance with these conditions.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Constitutional Amendments