SB27 Alabama 2013 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2013
Title
Ad valorem tax, homestead exemption from local taxes, disabled and person over 65, exemption restored for disabled without regard to income, exemption for residents disabled further provided for based on state taxable income, effect to substantially repeal Act 2012-313, 2012 Reg. Sess.; Sec. 40-9-21 am'd.
Description
<p class="bill_description"> Under existing law, prior to the enactment
of Act 2012-313, persons permanently and totally
disabled were exempt from all state and local ad
valorem taxes</p><p class="bill_description">
Act 2012-313 established a threshold
requirement that persons permanently and totally
disabled residing in a household with taxable
income of less than $12,000 qualify for certain
homestead exemptions</p><p class="bill_description">
This bill would remove the income limitation
for persons permanently and totally disabled to
receive these certain homestead exemptions</p><p class="bill_description">
This bill would provide that the provisions
of this act would be retroactive to August 1, 2012,
the effective date of Act 2012-313</p><p class="bill_entitled_an_act"> Relating to ad valorem tax exemptions on homesteads
and principal residences; to amend Section 40-9-21 of the Code
of Alabama 1975, as last amended by Act 2012-313, 2012 Regular
Session, relating to homestead exemptions and exemptions on
principal residences, to restore the exemption for persons
permanently or totally disabled; and to provide for the
retroactive application of the above provisions and for the
implementation of this act.
</p>
Subjects
Tax
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 5, 2013 | S | 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 | SB27 Alabama 2013 Session - Introduced |