SB509 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Business personal property, Revenue Department required to recalculate the composite factors for
Description
<p class="bill_description"> Existing law requires taxpayers to report
the estimated value of every item of business
personal property for the property to be assessed,
using composite factors</p><p class="bill_description">
This bill would require the Department of
Revenue to recalculate the composite factors for
business personal property</p><p class="bill_entitled_an_act"> To require the Department of Revenue to recalculate
the composite factors used to determine the assessed value of
business personal property.
</p>
Subjects
Business and Commerce
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 9, 2012 | Indefinitely Postponed | |
| May 3, 2012 | Read for the second time and placed on the calendar | |
| April 12, 2012 | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB509 Alabama 2012 Session - Introduced |