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
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
This bill would require the Department of Revenue to recalculate the composite factors for business personal property
To require the Department of Revenue to recalculate the composite factors used to determine the assessed value of business personal property.
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 |