Proposes a local constitutional amendment to compensate Coosa County for lost ad valorem taxes when Forever Wild Land Trust acquires property, using funds from the Alabama Trust Fund.
If approved, starting after ratification, additional money from the Alabama Trust Fund would be paid to the Forever Wild Land Trust to reimburse Coosa County for ad valorem taxes lost due to Forever Wild’s property acquisitions. The reimbursement would be based on the ad valorem taxes that were paid on the property before it was acquired. Payments would be a first priority for Forever Wild Land Trust, as long as existing contracts in place at ratification aren’t impaired, and this change would supplement money already paid to Forever Wild under Amendment 860. The amendment is self-executing and would require an election to approve the change.
Motion to Read a Third Time and Pass lost Roll Call 186
Chambliss motion to Adopt adopted Roll Call 185
Chambliss first Substitute Offered
Lost in second house
Marsh motion to Carry Over to the Call of the Chair adopted Voice Vote
Third Reading Carried Over to Call of the Chair
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Local Legislation
Johnson (R) Local Application adopted Roll Call 9
Motion to Read a Third Time and Pass adopted Roll Call 8
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Local Legislation
Source: Alabama Legislature