HB477 Alabama 2015 Session

Summary

Primary Sponsor

John F. Knight Jr

Democrat

Session

Regular Session 2015

Title

State ad valorem tax, additional one mill, proceeds distributed to State General Fund, const. amend.

Summary

HB477 would add one more mill to Alabama's state property tax, to take effect after 2016, with the money going to the State General Fund if voters approve the constitutional amendment.

What This Bill Does

If passed, the state would impose an additional one mill tax on the assessed value of taxable property starting after December 31, 2016. The net proceeds from this tax would be deposited into the State General Fund. The overall state property tax rate would rise by one mill, and the amendment would require a statewide vote to approve at the next election.

Who It Affects

• Property owners in Alabama: would pay an extra one mill in state ad valorem taxes on the value of their property.
• State government and residents: the State General Fund would receive the net proceeds from the new tax for budgeting and spending.

Key Provisions

• Adds a new one-mill state ad valorem tax on property after December 31, 2016.
• Net proceeds of the new tax go to the State General Fund.
• Requires a statewide election to approve the constitutional amendment at the next relevant election.
• Provides ballot language and references to the amendment's approval process within the Constitution of Alabama.

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