SB10 Alabama 2015 2nd Special Session
Updated Jul 24, 2021
SB10 Alabama 2015 2nd Special Session
Senate Bill
Expired
Current Status
Second Special Session 2015
Session
1
Sponsor
Summary
- Primary Sponsor
-
Vivian Davis Figures SenatorDemocrat - 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
Bill Actions
S
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Bill Text
Documents
Source: Alabama Legislature