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SB353 Alabama 2018 Session

Updated Apr 26, 2021
SB353 Alabama 2018 Session
Senate Bill
In Committee
Current Status
Regular Session 2018
Session
1
Sponsor

Summary

Session
Regular Session 2018
Title
Medicaid, funding through General Fund, additional 5 mill statewide levy in ad valorem tax distributed for Medicaid purposes, const. amend.
Description

Currently, the state levies a 6.5 mill annual ad valorem tax on the assessed value of taxable property in the state.

This bill would propose a constitutional amendment to levy an additional five (5) mill annual state ad valorem tax. The net proceeds of the additional levy would be distributed to the State General Fund for Medicaid purposes.

Subjects
Constitutional Amendments

Bill Actions

S

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund

Bill Text

Documents

Source: Alabama Legislature