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
<p class="bill_description"> Currently, the state levies a 6.5 mill
annual ad valorem tax on the assessed value of
taxable property in the state</p><p class="bill_description">
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</p><p class="bill_entitled_an_act"> 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.
</p>
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 |