SB74 Alabama 2011 Session
Updated Jul 26, 2021
SB74 Alabama 2011 Session
Senate Bill
Expired
Current Status
Regular Session 2011
Session
1
Sponsor
Summary
- Primary Sponsor
-
Del MarshRepublican - Session
- Regular Session 2011
- Title
- Homestead exemption for the disabled and the elderly, 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.
- Subjects
- Taxation
Bill Actions
Indefinitely Postponed
Reported from Finance and Taxation General Fund as Favorable
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Bill Text
Documents
Source: Alabama Legislature