Under existing law, property that has been acquired by the Forever Wild Land Trust is not subject to ad valorem taxation.
This bill proposes a constitutional amendment that would require the Forever Wild Land Trust to annually reimburse the amount of ad valorem tax revenue lost as a result of property previously subject to ad valorem tax being acquired by the Forever Wild Land Trust, which monies shall be paid to the county tax official in each county where the property has been acquired and distributed as other ad valorem tax proceeds unless the county opts out. The amount of reimbursement would be the amount as if the property was taxed at current use value of the property as forest property with good productivity. The bill would also provide that if funding for the Forever Wild Land Trust is not continued after September 30, 2032, the Forever Wild Land Stewardship Account would receive up to $1,000,000 from the Alabama Trust Fund annually.
Lost in house of origin
Motion to Read a Third Time and Pass lost Roll Call 588
Motion to Adopt adopted Roll Call 587
Tuggle Amendment #2 Offered
Rogers motion to reconsider adopted Roll Call
Rogers motion to Suspend Rules adopted Roll Call 585
Rogers notice in writing filed
Motion to Read a Third Time and Pass lost Roll Call 497
Motion to Adopt adopted Roll Call 496
Tuggle Amendment #1 Offered
Motion to Adopt adopted Roll Call 495
State Government first Substitute Offered
Third Reading Passed
Read for the second time and placed on the calendar with 1 substitute and
Read for the first time and referred to the House of Representatives committee on State Government
Source: Alabama Legislature