SB227 Alabama 2015 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2015
Title
Ad valorem tax, add'l. levied, distrib. for education purposes, const. amend.
Description
<p class="bill_description"> Under existing law, the state levies an ad
valorem tax of 6.5 mills on each dollar of taxable
assessed value of property</p><p class="bill_description">
This bill would propose an amendment to the
Constitution of Alabama of 1901, to authorize an
additional levy of ad valorem tax of up to 8.5
mills. The proceeds of the additional tax would be
dedicated to K-12 public schools</p><p class="bill_entitled_an_act"> To propose an amendment to the Constitution of
Alabama of 1901, to authorize an additional levy of state ad
valorem tax of up to 8.5 mills, and to provide that the
proceeds from the tax will be dedicated for K-12 public
schools.
</p>
Subjects
Constitutional Amendments
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 12, 2015 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 18, 2015 | Room 727 at 09:30 | Senate F&TE Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB227 Alabama 2015 Session - Introduced |