HB275 Alabama 2012 Session

Updated Jul 25, 2021

Summary

Primary Sponsor: Richard J. Laird
Independent
Session: Regular Session 2012
Title: State ad valorem tax, additional one-half mill, proceeds distributed evenly between Alabama Firefighters' Annuity and Benefit Fund and Alabama Peace Officers' Annuity and Benefit Fund, const. amend.
Description: Currently, the state levies a 6.5 mill annual ad valorem tax on the assessed value of taxable property in the state.
This bill would propose a constitutional amendment to levy an additional one-half mill annual state ad valorem tax. The first 20 percent of the net proceeds of the additional levy would be distributed evenly between the Alabama Firefighters' Annuity and Benefit Fund and the Alabama Peace Officers' Annuity and Benefit Fund, with remaining proceeds distributed to the State General Fund.
Subjects: Constitutional Amendments

Bill Actions

Indefinitely Postponed

Read for the second time and placed on the calendar

Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund

Bill Text

Download Introduced PDF

Documents

Bill Text (Introduced) HB275 Alabama 2012 Session - Introduced

Source: Alabama Legislature