HB178 Alabama 2020 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2020
Title
Assessment of property for ad valorem tax purposes, to eliminate state ad valorem taxes on certain taxable property, Sec. 40-8-1 am'd.
Description
Under existing law, ad valorem taxes are assessed on taxable property by class
This bill would reduce ad valorem tax assessment ratios on certain taxable property over a ten-year period beginning in the tax year 2020
To amend Section 40-8-1, Code of Alabama, 1975, relating to the assessment of property for ad valorem tax purposes; to eliminate state ad valorem taxes on certain taxable property over a ten-year period beginning in the tax year 2020.
Subjects
Ad Valorem Tax
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 6, 2020 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB178 Alabama 2020 Session - Introduced |