SB10 Alabama 2015 2nd Special Session

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.

Summary

SB10 would amend the Alabama Constitution to add a five-mill annual state property tax, with the money going to the State General Fund to support Medicaid.

What This Bill Does

It would create an additional five-mill ad valorem tax on the taxable property in Alabama, starting after December 31, 2016. The net proceeds from this tax would be deposited into the State General Fund for Medicaid purposes. Because it is a constitutional amendment, it would require voter approval at the next statewide election, and the tax would be collected according to existing exemptions and valuation rules set by general law.

Who It Affects

• Property owners in Alabama, who would pay the additional five mills on the assessed value of their taxable property, subject to existing exemptions and valuation rules.
• Medicaid program and Alabama residents who rely on Medicaid, because the new tax would raise funds for Medicaid via the State General Fund.

Key Provisions

• After December 31, 2016, an additional state ad valorem tax shall be levied at the rate of five mill per annum on the assessed value of taxable property within the state, subject to exemptions and limitations provided by general law.
• The net proceeds of the tax shall be distributed to the State General Fund for Medicaid purposes.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Constitutional Amendments