HB72 Alabama 2010 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2010
Title
Ad valorem tax, reappraisal, Class II and Class III property, time period limited, const. amend.
Description
<p class="bill_description"> Under existing law, the Department of
Revenue supervises and regulates the periodic
reappraisal of all property in Alabama</p><p class="bill_description">
This bill would propose an amendment to the
Constitution of Alabama of 1901, to provide that
Class II and Class III real property in Alabama
would not be subject to reappraisal more often than
once every four years, provided that the level of
equalization for a particular county falls between
90 percent and 105 percent with a coefficient of
dispersion of no greater than 20 as determined by
an annual sales ratio study conducted by the
Department of Revenue</p><p class="bill_entitled_an_act"> To propose an amendment to the Constitution of
Alabama of 1901, to provide that Class II and Class III real
property in Alabama would not be subject to reappraisal more
often than once every four years, provided that the level of
equalization for a particular county falls between 90 percent
and 105 percent with a coefficient of dispersion of no greater
than 20 as determined by an annual sales ratio study conducted
by the Department of Revenue.
</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 | HB72 Alabama 2010 Session - Introduced |