HB477 Alabama 2015 Session
In Committee
Bill Summary
Sponsors
Session
Regular 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 one mill annual
state ad valorem tax. The net proceeds of the
additional levy would be distributed to the State
General Fund</p><p class="bill_entitled_an_act"> To propose an amendment to the Constitution of
Alabama of 1901, as amended, to levy an additional one 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 |
|---|---|---|
| April 9, 2015 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB477 Alabama 2015 Session - Introduced |