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SB415 Alabama 2013 Session

Updated Jan 10, 2026
SB415 Alabama 2013 Session
Senate Bill
Expired
Current Status
Regular Session 2013
Session
4
Sponsors

Summary

Session
Regular Session 2013
Title
Taxation, exempt tangible assets, exempt real property whose original acquisition cost was less than $250.00, Sec. 40-9-1 am'd.
Description

Under existing law, all individual tangible assets, not specifically exempt by law, are subject to ad valorem taxation.

This bill would exempt all individual tangible taxable assets with an original acquisition cost of $250 or less from ad valorem taxation.

Subjects
Taxation

Bill Actions

S

Indefinitely Postponed

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund

Bill Text

Documents

Source: Alabama Legislature