SB10 Alabama 2015 2nd Special Session

Updated Jul 24, 2021

Summary

Primary Sponsor: Vivian Davis FiguresSenator
Democrat
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.
Subjects: Constitutional Amendments

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