HB157 Alabama 2018 Session

Summary

Primary Sponsor

Corley EllisRepresentative

Republican

Session

Regular Session 2018

Title

Taxation, to provide that certain evidence of comparable sales or leases shall be inadmissible in taxpayer appeals for the rulings of boards of equalization fixing value of commercial property, Sec. 40-3-27 added

Summary

HB 157 would bar certain types of comparable sales or leases from being used as evidence in appeals of commercial and industrial property valuations set by boards of equalization.

What This Bill Does

Currently, some comparable sales or leases can be used as evidence in tax appeals of commercial/industrial property values. HB 157 makes certain comparables inadmissible: those based on properties that were vacant at the time of sale or that have use or deed restrictions preventing the property from being used as intended. This applies specifically to appeals of commercial and industrial property values fixed by boards of equalization.

Who It Affects

• Taxpayers appealing the taxable value of commercial or industrial property: cannot rely on certain comparables (vacant properties or those with use/deed restrictions) to support their appraisals.
• Boards of Equalization: will apply the new rule when evaluating these appeals, limiting which comparable evidence may be considered.

Key Provisions

• Adds new Section 40-3-27: in appeals of commercial and industrial property, evidence based on a comparable sale or lease cannot be admitted if the property was vacant at sale or has use/deed restrictions that prohibit using the property for its intended purpose.
• Effective date: becomes law immediately after passage and governor's approval, or otherwise upon becoming law.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Equalization, Board of