SB10 Alabama 2015 2nd Special Session
In Committee
Bill Summary
Sponsors
Session
Second Special Session 2015
Title
State ad valorem tax, additional one mill, proceeds distributed to State General 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 five (5) mill annual state ad valorem tax. The net proceeds of the additional levy would be distributed to the State General Fund for Medicaid purposes
To propose an amendment to the Constitution of Alabama of 1901, as amended, to levy an additional five (5) mill of state ad valorem tax; and to provide that the net proceeds shall be distributed to the State General Fund.
Subjects
Constitutional Amendments
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| September 8, 2015 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | September 10, 2015 | ROOM 727 at 09:30 | Senate F&TG Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB10 Alabama 2015 2nd Special Session - Introduced |