SB7 Alabama 2010 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2010
Title
Homestead exemption for the disabled and the aged, minimum income limit increased, Sec. 40-9-21 am'd.
Description
Under existing law, the principal residence of a totally disabled person or a person 65 years of age or older having a taxable income of $7,500 or less is exempt from ad valorem taxation
This bill would increase the income limit for the tax exemption to $15,000
To amend Section 40-9-21, Code of Alabama 1975, relating to the homestead exemption for the disabled and the elderly, to increase the income limit for the ad valorem tax exemption.
Subjects
Taxation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 12, 2010 | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB7 Alabama 2010 Session - Introduced |