HB521 Alabama 2015 Session
Updated Jul 24, 2021
HB521 Alabama 2015 Session
House Bill
In Committee
Current Status
Regular Session 2015
Session
1
Sponsor
Summary
- Primary Sponsor
-
Matt FridyRepublican - Session
- Regular Session 2015
- Title
- Ad valorem tax for owner of residence over 65 years old, exception from, determination of age, Sec. 40-9-21 am'd.
- Description
Under existing law, the personal residence of a person who is 65 years of age or older and has a net annual taxable income of $12,000 or less is exempt from ad valorem taxation.
This bill would provide that a person who will attain the age of 65 between October 1 and December 31 of a tax year is eligible for the ad valorem tax exemption for that year.
- Subjects
- Ad Valorem Tax
Bill Actions
H
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Bill Text
Documents
Source: Alabama Legislature