SB353 Alabama 2018 Session

Updated Apr 26, 2021

Summary

Primary Sponsor: Vivian Davis FiguresSenator
Democrat
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

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